CEO gives employees 5K for yearly vacation

A study says 66% of Americans report working during their vacations, so Jason Fried (a CEO of web-development company Basecamp) is helping his staff get away from work sometime, which includes a $5,000 annual vacation stipend.

In addition to generous salaries and healthcare plans, Basecamp employees also receive $100 a month for home massages, $100 to buy fresh produce, 16 weeks of paid parental leave, tenured sabbaticals every three years, and four day work weeks during the summer, according to Business Insider.

Fried can afford all of these perks because it's a small company with only 50 employees, with no oversight from a board of directors. This company is given the freedom that larger organizations don't have.

These perks must work because more than 60% of the staff has worked there for four or more years.


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