How to Plan a Sabbatical and Make the Most of It
When an individual takes a sabbatical, it means they are taking a break from the office for a prolonged period, typically for a year. While sabbaticals are often associated with the field of education, in recent times, companies across industries have started offering sabbaticals to employees. Going on a sabbatical can provide various benefits, such as providing the time to pursue other interests, fulfilling personal life goals, and, most importantly, a much-needed break from the day-to-day stress at the office. In this article by 9 Lakes of East Tennessee, we’ll explore all you need to know about how to make the best of your sabbatical.
What to Do During a Sabbatical?
Here are three prominent options you can choose to explore:
- Travel: Whether you want to visit places domestically or internationally, a sabbatical is the best time to do so. With work out of the picture, there are no restrictions on the time and locations you can visit. If you plan to take this option it’s best to be early and book tickets, transportation, and accommodation in the months leading up to your break.
- Volunteer: If you’re an individual who likes to stay busy, volunteering will be the go-to option. Additionally, garnering this experience will prove to be a great addition to your resume as well, making it easier to apply for new jobs in the future.
- Start Your Business: A sabbatical can serve as a great mid-point to make a career switch. You’ll be able to dedicate your undivided attention and time towards entrepreneurship and work towards developing a successful business.
How to Finance a Sabbatical?
Sabbatical policies vary between organizations, while some are fully paid, others can be stipend based or unpaid. Hence, before you start planning, iron out the details of the sabbatical with your employer. Along with salary, inquire about whether you will continue to receive employee benefits during your time away from the office.
If your sabbatical is partially paid or unpaid, the best option will be to create a budget and start saving as much as you can. Here is where finalizing travel plans early will provide the added benefit of low costs and more options. Additionally, you can strive to increase your income by starting a side hustle such as selling services as a freelancer, creating homemade products, and more.
What to Do About Your Home?
Deciding whether to sell or rent out your home is a big decision. If you plan to travel for the duration of the sabbatical, renting out your home is a good option to consider. If your sabbatical is unpaid, through renting, you’ll be able to continue earning an income that can cover the costs of traveling and other leisure activities. Here are the steps to follow for renting out your home:
- Create Listings Online: Along with local real estate sites, create a listing on Facebook Marketplace to attract more bids. Be firm with your requirements which can include a credit check, employment history, references, and deposit.
- Rent a Storage Space: If you’re uncomfortable with others using your belongings, transfer them to a storage unit. Local storage unit websites will usually have a number available regarding the current units for rent which you can use to compare prices and reviews. On average, a 5’x5’ unit in San Antonio costs $35/month. As a first-time customer, you can also expect to receive discounts.
How to Care for Pets?
When it comes to pets, you’ll have two options:
- House them with a trusted family member or friend
- Take them along with you
If you choose the latter, it’s best to schedule an appointment with the vet in the weeks leading up to travel. Additionally, to ensure you provide them the required care while on the road, purchase products such as shampoos, hair clippers, backpack carriers, and food. In addition to recommendations from your vet, seek expert pet care advice regarding the products and what other pet owners say about them.
Taking a sabbatical can be a welcoming change in your personal and professional life, giving you the break, you need to rest and recharge. To make the most of it, though, start planning early as it will allow you plenty of time to cater to the needs of your pet, make travel bookings, and purchase storage units to make your home welcoming to renters.