Australian Accounting Firm Offers Employees 12 Weeks of ‘Life Leave’ to Strike the Perfect Work-Life Balance
By Emily Petsko
What would you do if you could take a three-month vacation each year? Would you book a flight to Hawaii, catch up on your favorite Netflix shows, or simply spend some quality time with your partner, kids, or dogs? The employees at one Australian accounting firm undoubtedly have a few ideas about how to spend the six to 12 weeks of “life leave” they will soon be granted.
As Travel + Leisure reports, Ernst & Young Oceania decided to introduce more flexible work hours in an attempt to attract and retain top talent. “We’re innovating so we don’t lose these people while they pursue passions outside of work,” company official Kate Hillman told The Independent. Hillman went on to cite volunteer experiences, training programs, and even a trekking trip to Nepal as different ways that employees might take advantage of the new policy, which goes into effect April 1.
Employees can either use their leave all at once or split it into two smaller vacations. The only catch is that the leave is self-funded—so it’s essentially an unpaid vacation. Still, if someone has the burning desire to backpack through Europe for a couple of months, or work on a project, it’s a safer option than quitting their job only to return unemployed and broke.
In addition to this policy, employees can choose to reduce their hours to a part-time schedule for up to three months each year. Parents may also choose to take advantage of a term-time arrangement, which lets them work regular hours when school is in session, then take time off during school holidays.
According to the firm’s research, flexibility at work boosts employee engagement by 11 percent. There are plenty of other reasons to take a vacation, too—not the least of which is evidence that time off may help you lead a longer, healthier, and happier life. Plus, you’ll come back refreshed and motivated, so your boss will be happy, too.
[h/t Travel + Leisure]