Microsoft Corp. is the latest company that’s moving from set allowances of paid time off to unlimited vacation, joining a growing list of employers like Adobe Inc., Netflix Inc. and Goldman Sachs Group Inc. While only 6% of employers offered unlimited leave, according to a 2022 employee benefits survey by the Society for Human Resource Management, the high-profile additions lead many to ask: Is the perk as good as it sounds, and who benefits the most?

Pros:

• Recruit talent: For companies seeking new ways to stand out in a still-competitive labor market, offering unlimited time off is one option that seems to work. A Glassdoor ...
  
  
  

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