Take More Vacations To Make More Money?

Americans don’t seem to like vacations, or rather don’t think taking them is a good idea. While they on average earn 21 days of paid time off a year, they on average leave a week on the table. And this number (days left on the table is on the rise).

What’s fascinating – and perhaps counter-intuitive – is that not taking vacations harms career advancement prospects. A 2014 report by “Project Time Off” conducted by Oxford Economics (hat tip latest HBR ) found:

employees who left 11-15 days of PTO unused last year are actually less likely (6.5% less likely) to have received a raise or bonus in the past three years than those who used all of their PTO.

Hawaii anyone?

8886718658_9d82600b14
Polihale Beach via photopin (license)

Share

Leave a Reply

Your email address will not be published. Required fields are marked *