Change is slow

All of this means that if a company wants to offer unlimited vacation time, which Goldman Sachs, like other financial institutions, has not traditionally been known for, it must have a work environment that encourages work-life balance.

“Putting a new policy in place is not going to change that in an instant if a company introduces unlimited PTO but the culture still thrives on overwork.

According to Taylor of Shrm, “the managers must model it in their own lives and the company must encourage downtime.”