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Small Business
Give time off as a perk
October 19, 2000: 2:39 p.m. ET

Your staff will enjoy a day with pay, and it won't bust your company budget
By Jane Applegate
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NEW YORK (CNNfn) - If you can't offer your best employees a raise this fall, try rewarding them with a few extra days off with pay.

Paid holidays top the list of employee perks, according to personnel experts.

If possible, add an extra day off to a three-day holiday weekend, so it really feels like a vacation.

Consider closing down your business between Christmas and New Year's this year; it's a great way to boost morale.

For other days off, try to award extra days off only when someone has really gone the extra mile on a project, or landed a new account.

Use extra days off as an incentive for other employees to rev up their productivity and encourage creativity. Back to top

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.