Is there a fast, easy way to copy one user’s permissions to a new user?

We have a new employee that needs varying levels of access to a directory and its sub-directories. He needs the exact same permissions as an employee that is already set up. It is simple enough to go into each folder in the directory and give him the same permissions as the current employee but that would take forever. Active Directory must have a way to copy all of the folder security permissions from one user to another, right?

If I need to clarify anything, please ask.