More companies are offering unlimited vacation, but there are some critical pitfalls to avoid

Many companies are making the switch from a more traditional accrued vacation policy to an unlimited vacation option, which is a coveted perk for many workers. But experts say companies need to follow best practices when making the move to maximize benefits — such as reducing accrued vacation time obligations on their balance sheet, improved morale and recruiting advantages — while avoiding potential challenges. Right now, only about 9% of businesses offer unlimited vacation, according to…...