A number of companies are engaging in employee welfare tactics such as unlimited vacation time. Yet, employees are construing them differently due to the mentality in which they have been grounded. Steel-House has inverted this by not only giving holidays to staff compulsorily but also paying for the trip’s expenses. A certain bonus is paid which cannot be redeemed against any other activity but only holiday travel. The CEO says that this practice has proven to be a huge bonus with company achieving high credentials in talent management. Employees come back refreshed to work and the organization has seen negligible level of attrition.

Source:http://www.businessinsider.in/A-CEO-that-gives-his-employees-2000-to-go-on-vacation-says-people-are-more-productive-than-ever/articleshow/54530210.cms