The other day, I read in the paper that an American law firm had offered its associates an year of paid leave, at one third their basic salary. This was their way of coping with the recession, one that allows them to retain talent at lesser cost while their employees get a year to study or travel, and are happy too.
For many in the west, this period of recession has become a time to take a year off or take advantage of being laid off to travel. Andrei, a German I met in the Andamans, was at the beginning of a year-long trip around the world. Read more
Hindustan Times


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