Alexandoy
VIP Contributor
When I was working in a bank that’s where I learned that our vice president would usually go abroad for a paid vacation (airfare and accommodation are courtesy of the company). It was hard to understand because I was just a new employee although later on I realized the rationale of the vacation.
By the way, the paid vacation trip is only granted to top notch executives. In the bank the marketing officer who gets a lot of big clients are the first in the list. The HR officer said that a vacation is actually a relaxation for the tired mind of the executive but the real purpose is to gain the loyalty and confidence of the executive. That may be the reason why now that we are in the pandemic the vacation trip is converted into cash.
By the way, the paid vacation trip is only granted to top notch executives. In the bank the marketing officer who gets a lot of big clients are the first in the list. The HR officer said that a vacation is actually a relaxation for the tired mind of the executive but the real purpose is to gain the loyalty and confidence of the executive. That may be the reason why now that we are in the pandemic the vacation trip is converted into cash.