Today’s Solutions: May 01, 2024

Today, we’re in a participation economy, where people are measured and paid for what they produce. Yet, when it comes to time off, we’re still clinging to the vestiges of the industrial economy, where people were paid for the time they spent on the job. So why not allow employees to take time off whenever they want, as long as they meet their targets? Netflix employees, for example, have unlimited vacation because no one is tracking their time. Instead of micromanaging how people get their jobs done, the leadership focuses only on what matters—results. They’ve found that giving people greater autonomy creates a more responsible culture. Without the distraction of stifling rules, employees are more focused and productive. And, as this article in Entrepreneur shows, things can look a lot better for business as well.

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