The CEO of FullContact has started a paid paid vacation policy where employees received money to plan a trip. (Photo: Corbis)
We all know that paid vacation allows employees to take a trip while still earning their salary, but one CEO has taken things a step further — he’s actually paying his employees to take a trip!
Bart Lorang, cofounder and CEO of the tech company FullContact, gives his employees $7,500 to go on vacation. Mind you, this is in addition to the standard 15 days paid vacation and federal days off they already receive.
Lorang started the program in 2012, and nearly three years later, the company has reported that things are going incredibly well.
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“It’s not difficult to measure what happens when someone returns from a Paid Paid Vacation,” FullContact communications director Brad McCarty told The Washington Post. “You see, without fail, people shining brighter, working harder and more excited to get back into the swing of things.”