WASHINGTON (AP) — Want more time off work to hang out at the beach? Need a little cash and have vacation days to spare?
Some companies allow their workers to buy and sell vacation time, a perk that gives workers more flexibility in managing their time off.
The novel approach might help employees buy some extra days off to take the trip of a lifetime or spend more time with a newborn. Co-workers could sell off unused days to get some extra money.
"When times are a little tight, this benefit really doesn't cost a lot of extra money to employers to provide," said Julie Stich, research director for the International Foundation of Employee Benefit Plans. "It's offered by more forward-thinking or flexible-type employers."
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