Richard Branson Thinks You Should Have All the Vacation You Want

Breaking News Emails

Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.
/ Source:

Tired of only two weeks of vacation a year? Perhaps you should work for Virgin—where boss Richard Branson believes employees should be allowed to take off as much time as they want. The self-made billionaire laid out Virgin's vacation policy on the company's website in a blog post on Wednesday entitled "Why we're letting Virgin staff take as much holiday as they want".

"Flexible working has revolutionized how, where and when we all do our jobs. So, if working nine to five no longer applies, then why should strict annual leave (vacation) policies?" Branson said in the post that was excerpted from his book "The Virgin Way." Staff at parent company Virgin Group are already allowed to take off however much time they want, whenever they feel like it—with the caveat that it should not impinge on the business. There is no need to ask for prior approval or keep track of days away from the office. Branson said that if successful, the policy would be rolled out across all of the company's subsidiaries.

We apologize, this video has expired.


-- CNBC's Katy Barnato