Time off instead of a layoff. Companies strapped for cash are looking for creative ways to cut costs. And some are offering sabbaticals. The idea is to take several weeks off with benefits, but little or no salary.
It’s something more companies are doing in an economic crunch. Workers spend the time recharging while companies save cash. Sabbaticals can be anywhere from a few weeks to several months.
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See EdgeQuests and yourSABBATICAL.com team members in this CBS news segment about companies using sabbaticals instead of pink slips during this down economy. Thanks to reporter Mike Dello Stritto for capturing the topic so well!
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