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Word: urlaubsgeld (lookup in dictionary) (lookup stats)
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...take longer vacations, but also find it easier to pay for them, largely because their companies often help pay for a substantial amount of vacation costs. Some firms go so far as to offer cash to cover hotel, meals and transportation. About 90% of workers in West Germany receive Urlaubsgeld (holiday money), a bonus that can equal 45% of the salary a worker collects during his paid vacation period. Other companies subsidize vacations by funding resorts and tours for employees. In France, the state-owned Renault automotive firm contributes to the operation of 30 family vacation villages that offer tennis...

Author: /time Magazine | Title: Eurovacations | 7/13/1981 | See Source »

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