This Startup Is Paying People To Take A Two-Week Vacation Before They Even Start
Mario Tama/Getty Images
42Floors, a San Francisco-based real estate startup, is taking it up a notch with a job offer that includes a pre-vacation period: You have to take a two-week paid vacation before your first day.
42Floors' CEO Jason Freedman calls this a "pre-cation."
According to Slate's Will Oremus, Freedman came up with this concept while talking to a job candidate he wanted to hire. The guy was looking for a new job because he was totally burned out from his previous job. Yet, when he talked to other companies, all he was asked was, "How soon can you start?"
Freedman ended up convincing that guy to join his startup with a "pre-cation" clause, and now it's something offered to all new hires, he says.
"The day they get their offer letter, it's kind of like Christmas morning, in that they have a new job and they've already thought through the vacation they're about to go on," Freedman told Oremus.
Even with such perks, however, Freedman says the "pre-cation" hasn't cost his company anything because the total vacation time of his employees hasn't increased at all. In fact, he says, the "pre-cation" program is helping boost his company's profit because his employees are happy at work.
- 2 states where home prices are falling because there are too many houses and not enough buyers
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- 9 health benefits of drinking sugarcane juice in summer
- 10 benefits of incorporating almond oil into your daily diet
- From heart health to detoxification: 10 reasons to eat beetroot
- Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
- ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore