Meaning of the word "paid vacation" in English

What does "paid vacation" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

paid vacation

US /peɪd veɪˈkeɪʃən/
UK /peɪd vəˈkeɪʃən/
"paid vacation" picture

Noun

a period of time during which an employee is paid while not working, typically for holidays or personal time off

Example:
All full-time employees are entitled to two weeks of paid vacation per year.
One of the benefits of the job is generous paid vacation time.