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A couple of theories:

1) It sometimes can be hard to leave a company when you are "in the thick of it." A sabbatical can give you personal time to reflect on whether you want to stay or not.

2) Sometimes people use sabbaticals to prep/perform job interviews or plan career transitions.

3) Sabbaticals can allow you to quit early while waiting for vesting restricted stock units, employee stock plan sales, retirement contributions (matches), etc. There are certainly many more timed bonuses available for senior leaders.



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