"Open" PTO policy
My company is considering moving to an Open time off policy, where there are no number of maximum days specified for employees, but instead managers are given discretion around approving time off (with the exception of extended leaves which fall under a separately policy).
This requires a high level of trust between managers and workers as well as a strong work ethic in the company, and it has proven to be very effective in many cases.
This is increasingly popular in the Austin area and in the hi-tech world (both of which we are a part)...
Does anyone have some sample descriptions/policies of how they have implemented a plan of this kind before?