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1.
Upside is that it's still a vacation. Downside is that work comes along with you.
My boss is sending me out on a workcation to London for a week. Luckily I already finished half of my work so I'll have lots of downtime!
by dootdoot831 December 30, 2011
 
2.
When something happens at your job and you get paid for doing nothing for a few days in a row.
After we realigned the department, I have a workcation for the next three days until management figured out how to assign us work again.
by hb05083 February 18, 2011