FullContact Offers Employees $7,500 To Take Their Paid Vacation

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In America, vacation is a privilege, not a right. The U.S. is the only developed country that doesn't guarantee paid time off to workers. One in four private sector employees have to give up their wages for any time away, according to the Center for Economic and Policy Research. But a host of new companies are recognizing that paid vacation might actually be good for their bottom line. Contact management firm, FullContact, is even paying its staff $7,500 to take their paid time off, reports Business Insider.

"The past few years I've had this totally insane idea that just wouldn't go away. It kept gnawing at me," co-founder Bart Lorang wrote on the company's blog.