Top 5 Australian companies with the best paid time off policies

January 22, 2024
best paid time off policies

In the hustle to build a fulfilling career, the importance of genuine paid time off cannot be overstated. It’s not just about the quantity of days; it’s about quality – a well-rounded policy that considers your need for rest and rejuvenation.

Close your eyes and picture this: a workplace that not only values your time on the job but understands the significance of time off.

Now open your eyes and scroll down, because we’ve put together a curated guide of the top five Australian WORK180 Endorsed Employers that offer genuine and comprehensive paid time off policies.

We’ll uncover the unique qualities that set these employers apart, diving deep into their paid time off policies. We’ll also address the very real need for employers who not only offer jobs but are committed to valuing your time.

Benefits of working in a company with great paid time off policies

Working for a company with exceptional paid time off policies goes beyond the obvious benefit of time away from work. It directly impacts your overall well-being, job satisfaction, and even productivity. 

Here are a few of the benefits you can expect from finding an employer with great paid time off policies:

  • Enhanced Work-Life Balance: Comprehensive paid time off policies allow you to recharge and maintain a healthy balance between your professional and personal life. This equilibrium has been linked to increased job satisfaction, reduced stress levels, and improved mental health.

  • Boosted Productivity: Contrary to the belief that time off hinders productivity, studies show that regular breaks contribute to increased focus and efficiency. Employees who take advantage of their paid time off tend to return to work more energized and motivated.

  • Health Benefits: Adequate time off has been associated with improved physical health. Taking breaks can reduce the risk of burnout, boost the immune system, and lower the chances of developing stress-related illnesses.

  • Reduced Stress: By eliminating the pressure associated with accruing limited vacation days, unlimited paid time off policies encourage you to take the time you need to recharge – when you need it most.

  • Increased Trust and Engagement: Trust is a crucial component of any work environment. Unlimited paid time off policies signal trust in your ability to manage your workload responsibly. This trust fosters a positive workplace culture and can lead to increased employee engagement.

How we calculate the best policies

Not only have all the employers we endorse on our website met our minimum standards to be there, but they also completed a detailed diversity, equity, and inclusion (DEI) survey that requests further information about the drivers we know are important to improving DEI in the workplace. The result is a holistic and intersectional understanding of each company’s current DEI performance and employee offering.

The data helps us rank Endorsed Employers on the key metrics and benefits, like paid time off, that jobseekers should know about a company – before they click apply! 

Which Endorsed Employers have the best paid time off policies?

The data that makes up these rankings was correct as of 31 January 2024. 

Edits and updates may have been made since then. Check out our explore pages for the most up-to-date rankings. 

1. Exa Product Development exa pd logo

Engineering | 1-20 employees

  • 32 days paid holiday, vacation or annual leave in the first 12-months.
  • 10 days fully paid personal sick and carer’s leave in the first 12-months.
  • 2 days fully paid community service leave in the first 12-months.
  • Unpaid leave options are available to all employees.

2. ASCasc logo

Defence & emergency | 1,001 – 5,000 employees

  • 30 days paid holiday, vacation or annual leave in the first 12-months.
  • 10 days fully paid personal sick and carer’s leave in the first 12-months.
  • 10 days fully paid community service leave in the first 12-months.
  • Unpaid leave options are available to all employees.

3. FleetPartners FleetPartners logo

Banking, investment & finance | 251-500 employees

  • 27 days paid holiday, vacation or annual leave in the first 12-months.
  • 10 days fully paid personal sick and carer’s leave in the first 12-months.
  • 1 days fully paid community service leave in the first 12-months.
  • Unpaid leave options are available to all employees.

4. Whitehaven Coalwhitehaven coal logo

Mining, resources, & energy | 1,001-5,000 employees

  • 25 days paid holiday, vacation or annual leave in the first 12-months.
  • 15 days fully paid personal sick and carer’s leave in the first 12-months.
  • Unpaid leave options are available to all employees.

5. Allume Energyallume logo

Mining, resources, & energy | 21-50 employees

  • 25 days paid holiday, vacation or annual leave in the first 12-months.
  • 14 days fully paid personal sick and carer’s leave in the first 12-months.
  • Unpaid leave options are available to all employees.

Discover more about these Endorsed Employers

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About the Author

Jacynta Clayton’s career started in recruitment advertising and employer branding, working with global clients to create and deploy strategic and creative content. Now she combines her industry experience with the knowledge from her psychology and professional writing degrees to write unique and resounding stories. As a WORK180 storyteller she relishes the opportunity to elevate the voices and experiences of so many amazing people, while also empowering and educating audiences on how to choose a workplace where they can thrive.

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