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The Careerologist: bottomless holidays a pain in the rear for staff

Banks and financial services companies are unwilling to embrace unlimited annual leave, which is probably a good thing

The Careerologist: bottomless holidays a pain in the rear for staff

Banks and financial services companies like copying tech firms. Casual dress code, tick. Trendy co-working space for our fintech team, yes please. A coding academy? We’ve been doing that for years.

But one Silicon Valley innovation that the financial services industry has been slow to embrace is the “bottomless” holiday. Instead of being tied to 25 days a year, employees can take as many as they want. This trend emerged in the mid-1990s, starting with companies like IBM and later Netflix and LinkedIn following suit.

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