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Transforming Compensation and Benefits for Talent Mobility

“I’d like to update our holiday benefits to be in line with our global culture,” Jacky Cohen, Topia VP of People, told me in 2018. We had just finished launching equal parental leave for men and woman—something both Jacky and I felt was deeply important to continuing to build a company rooted in diversity and fairness. Now Jacky had her eye on a similarly innovative approach for our holiday benefits, or paid time off (PTO).

Spotify, she explained, was well known for offering floating holidays, a set number of annual holiday days for all global employees that could be used anytime, replacing the divergent public holidays in each country and state. Employees could use them as they wished—if ...

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