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Entrepreneurs: the Value of Vacation

by Miki Saxon

Most people know the value of real vacations—the kind where you totally disconnect from work—at least hypothetically.

Workforce experts and top managers understand the benefits.

Today isn’t an effort to list or extol the benefits of real vacations in yet another effort to convince you.

Instead, I want to introduce you to FullContact, a company that took a page from Tony Hsieh’s management book and applied it to vacations.

As most of you know, Zappos offers a pays people to not work for them.

Zappos offers to pay new employees a $2,000 bonus, plus time worked, to quit after completing orientation.

FullContact takes a similar approach by paying for the actual vacation.

Here’s how it works: once per year, we give each employee $7500 to go on vacation.

There are a few rules:

  1. You have to go on vacation, or you don’t get the money.
  2. You must disconnect.
  3. You can’t work while on vacation.

While many startups may not be in a position to pay for vacations, every company can provide time off and enforce rules two and three.

Read CEO Bart Lorang’s rationale and think about how to get your own people to step back, disconnect and recharge.

You won’t regret it.

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Flickr image credit: FullContact

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