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Overall, employees’ concerns about returning to a mountain of work was the top challenge to taking time off in 2016, followed by the feeling that no one else can do the job. Those concerns may be unfounded or exaggerated, but workplace leaders fail to say so even though a clear majority of managers agree that vacation improves health and well-being (82%), boosts morale (82%), and alleviates burnout (81%). Two-thirds of employees surveyed said their “company culture is ambivalent, discouraging, or sends mixed messages about time off,” a share that’s virtually unchanged since 2014. That communication divide “has created a vacuum where negative perceptions thrive,” the study says. Project Time Off estimates that unused vacation days cost the U.S. economy $236 billion in 2016 because of lost spending, but there are also penalties to pay at the individual level. Employees who forfeit vacation time are lower performers, the study says. Compared to counterparts who take all their vacation time, they are less likely to have been promoted within the last year (23% to 27%), and to have received a raise or bonus in the last three years (78% to 84%). And, unsurprisingly, they are more likely to report being stressed. ..by Claire Zillman on May 23, 2017.
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