New Trend: Buying, selling vacation time at work

CREATED Jun 9, 2013

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New York (KTNV) -- A new trend is hitting the workplace.

Some companies are allowing their employees to buy and sell vacation time.

They said it's a perk that gives workers more flexibility in managing their time off.

A study by the Society for Human Resource Management found that 9-percent of companies let employees cash-out on unused vacation time.

7-percent let workers donate vacation time, so co-workers can use it.

5-percent of companies let workers buy more days off.