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This financial firm is offering employees unlimited paid holidays to battle burnout

0 3 years ago

After a blockbuster year for capital markets and a pandemic to boot, FinnCap Group Plc will allow its employees to take as many vacations as they want in the hopes of preventing staff burnout.

The London-based broker is changing its vacation policy to offer employees unlimited paid breaks from 2022, Chief Executive Officer Sam Smith said in a phone interview Thursday. The firm’s investment bankers, salespeople and other staff will be required to take at least four weeks a year and two or three days a quarter, according to Smith.

Smith — whose firm has recruited more than 30 people so far this year to help with increased workloads — said the policy includes other steps to ensure workers felt free to take as much holiday as possible. The company has set out a list of activities, from vet visits to plumber callouts, that wouldn’t count toward the four-week minimum.

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