Bosses bribe workers to take leave

1. Bosses bribe workers to take
leave

2. Contd..
Aself-diagnosed workaholic, Jeanette Russell knows that a real vaca tion
requires her to completely unplug by deleting mobile email applications and
letting her work laptop battery die in a corner. It's also company policy.
“When we say `work-life balance', this is our proof that we mean it,“ said
Russell, director of finance and operations at Denver-based FullContact, a
software company.Vacation is serious business at the four-year-old firm.Each
employee is granted a yearly $7,500 bonus to use for time off, with a
mandate to stay completely out of touch while away . The extra pay is
forfeited if that rule is broken.
While the startup's policy seems like a worker's pipe dream, it hints at the
kind of perks needed to attract and keep staff. It's also a win for companies
because it may cost a little less than handing out raises, and the added
flexibility helps attract sought-after employees.

3. Contd..
Aself-diagnosed workaholic, Jeanette Russell knows that a real vaca tion
requires her to completely unplug by deleting mobile email applications and
letting her work laptop battery die in a corner. It's also company policy.
“When we say `work-life balance', this is our proof that we mean it,“ said
Russell, director of finance and operations at Denver-based FullContact, a
software company.Vacation is serious business at the four-year-old firm.Each
employee is granted a yearly $7,500 bonus to use for time off, with a
mandate to stay completely out of touch while away . The extra pay is
forfeited if that rule is broken.
While the startup's policy seems like a worker's pipe dream, it hints at the
kind of perks needed to attract and keep staff. It's also a win for companies
because it may cost a little less than handing out raises, and the added
flexibility helps attract sought-after employees.

4. Contd..
In Silicon Valley , where technology companies feel the strains of an
especially tight job market, employers are en ticing workers with buzz
phrases like “unlimited vacation“ and “paid-paid vacation“.Grant
Thornton, the sixth-largest US accounting firm, said Wednesday it will
offer US employees unlimited time off.
FullContact's director of business development, Drew Lawrence, said,
“It makes economic sense.“ As long as employees don't leave co-
workers in a lurch, everyone returns from their time off as ready as
ever to meet their targets, with minimal interruptions to clients, he
added.

5. Contd..
Just 25% of employees had used all of their paid time off in the prior 12
months, according to an April 2014 survey by online job-search network
Glassdoor. When employees did take vacation, 33% reported working
because “no one else at my company can do“ the job and 28% said they
feared “getting behind.“
While almost all US companies offer some form of paid time off or vacation,
only about 2% provide unlimited paid time off and fewer than 1% have
unlimited paid vacation plans, according to an annual benefits survey
released in June by SHRM. Almost none said they planned to institute these
types of “unlimited“ policies in the next year.
More businesses also are lumping together all types of paid time off -sick,
personal and vacation days -in an effort to provide more flexibility.

6. For details and bookings contact:-
Parveen Kumar Chadha… THINK TANK
(Founder and C.E.O of Saxbee Consultants & Other-Mother
marketingandcommunicationconsultants.com)
Email :-saxbeeconsultants@gmail.com
Mobile No. +91-9818308353
Address:-First Floor G-20(A), Kirti Nagar, New Delhi India Postal Code-110015