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Why unlimited vacation time makes sense for some employers

Why unlimited vacation time makes sense for some employers

As we say goodbye to 2015, many employees are using up their final vacation days of the year. That's especially true for employees whose workplaces have a "use it or lose it" policy, and don't allow staffers to roll over their days to the next year.

But at those companies that do let employees carry over much or all of their paid time off to the following year, all that accrued vacation time can start to add up. And nowhere is that more true than when it comes to top executives.

A recent report in Bloomberg revealed that at some companies, chief executives are due a hefty amount — if or when they leave the company — for the unused vacation time they...

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