Paying your job for more vacation time

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by Bloomberg Business Report

kvue.com

Posted on June 10, 2013 at 7:40 AM

If you're still looking for a job, you might want to try the auto industry. Car makers and parts suppliers are racing to find engineers, technicians and factory workers to build next-generation vehicles. Citing The Center for Automotive Research, the Associated Press says the industry will add 27,000 jobs between now and the end of the year. Still, most new hires will start at $16 an hour, about half of what longtime workers are getting paid.

Are you planning on spending a little more on dad this year? The National Retail Federation says the average person will spend about $120 on Father's Day this year. That's 2.3 percent more than last year, putting total Father's Day spending at more than $13 billion.

Apple is kicking off its annual Developers Conference Monday, and is expected to unveil a new IOS 7 operating system that could make its products easier to use. Investors are also looking at reports on job openings, retail sales and consumer confidence.

Stocks are gaining Friday on speculation the job market wasn't strong enough for the Fed to withdraw record monetary stimulus.

And are thinking about the beach, but out of vacation days? How about buying them from your company or even from one of your colleagues? The Associated Press says a new survey from the Society for Human Resource Management shows 5 percent of employers allow workers to purchase additional vacation days through payroll deductions.

 

 

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