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Studies confirm that the best managers and leaders have rich personal lives. Is your company realizing the power of time away from the job?


The Self-Funded Sabbatical: Will You Pay for Time Away From Work?

Computer giant Cisco Systems in San Jose, California, experienced a surprising response when it created a sabbatical program six years ago. Employees who accepted a two-thirds pay cut were offered a chance to volunteer for a year in the non-profit sector. Cisco expected 20 to 25 employees to sign up. Instead, 300 applied.

Similarly, Accenture’s Future Leave program – a self-funded sabbatical program that allows employees to take up to 90 days away from work – is an innovative alternative to the traditional leave of absence. Under Future Leave, Accenture continues to pay benefits and, afterwards, participants return to the same job.  Employees have the option of budgeting for the time away by having a percentage of earning (they choose the amount) placed in a separate account.The pilot program, which was introduced to more than 30,000 U.S. employees in March 2007, was adopted as an ongoing program in Accenture’s U.S. offices this past January.

As companies stretch their innovative muscles to respond to the wail and moan about work-life balance, you, my dear friend, now have the ball in your court.

Do you want to play or just keep moaning? Will you return the volley, saying, “Thanks for meeting me half way. Sure I’ll pay for the time away”?

It’s nice to hear about companies that do nice things. And while putting your money where your mouth is may not be easy, many people now have a choice about taking a break while keeping a career on track.

So, you there, would you smile and pay up? Or not.

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About Elizabeth Pagano

Founding Partner, yourSABBATICAL.com.

Elizabeth consults with organizations on leadership/talent development. She is co-author of THE TRANSPARENCY EDGE: How Credibility Can Make or Break You in Business (McGraw-Hill), which has been translated into four languages and is now in paperback. A former business journalist, articles by and about her have appeared in a wide array of business publications, including The New York Times, The Los Angeles Times, CNN International, Outside Magazine, Oprah.com, Journal of Accountancy, CBS News, Web CPA, Business to Business, Talent Management, Employee Benefit News, Manage Smarter, and Canada’s Globe and Mail. You can find her book on Amazon: http://www.amazon.com/Transparency-Edge-Elizabeth-Pagano/dp/0071458840/ref=sr_1_1?ie=UTF8&qid=1291230117&sr=8-1.

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After 9/11, Elizabeth sailed with her mother on their family's 43-foot Beneteau, "Revival". To read more about their adventure at sea, go to http://yoursabbatical.com/about/team/pagano-sailing-sabbatical/. Since their sailing sabbatical, Elizabeth and her mother have been working tirelessly to ensure that every career path includes a sabbatical or two.

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Continuing the Discussion

  1. [...] self-funded sabbatical program costs the company little to nothing and allows employees to have time to do things that are [...]

  2. [...] 30,000 U.S. employees can apply for an unpaid, personal sabbatical up to three months long. Sharon Klun, Director of Work/Life Initiatives for the consulting company [...]



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