Americans don''t take nearly enough vacation days and experts say it''s because companies think about PTO all wrong
Summary List Placement If you felt like you couldn''t take time off from work before 2020, chances are the pandemic didn''t help. According to a new Priceline survey , only 21% of people used all their available vacation days last year, down from the already paltry 30% in 2019. What''s worse, far more people regretted not taking that time in 2020 than those polled in 2019: 54% compared to 21%. People choosing not to take all their vacation time isn''t worrisome in its own right. But if more people are regretting not taking their time, it suggests something may be afoot in the way vacation policies are designed and communicated to employees. And with rising burnout rates , blurred boundaries between the personal and professional , and calls for greater flexibility , some workplace benefits consultants say we''re overdue for a PTO revolution. "It''s about time," said Christopher Goldsmith, VP and Senior Consultant at the HR benefits consulting firm Segal, "for many companies to revisit the design of paid time off arrangements." Given that workers and job seekers have considerable power in deciding where they work , these experts say, employers can''t afford to slack when it comes to benefits.
Americans don''t take nearly enough vacation days and experts say it''s because companies think about PTO all wrong
Summary List Placement If you felt like you couldn''t take time off from work before 2020, chances are the pandemic didn''t help. According to a new Priceline survey , only 21% of people used all their available vacation days last year, down from the already paltry 30% in 2019. What''s worse, far more people regretted not taking that time in 2020 than those polled in 2019: 54% compared to 21%. People choosing not to take all their vacation time isn''t worrisome in its own right. But if more people are regretting not taking their time, it suggests something may be afoot in the way vacation policies are designed and communicated to employees. And with rising burnout rates , blurred boundaries between the personal and professional , and calls for greater flexibility , some workplace benefits consultants say we''re overdue for a PTO revolution. "It''s about time," said Christopher Goldsmith, VP and Senior Consultant at the HR benefits consulting firm Segal, "for many companies to revisit the design of paid time off arrangements." Given that workers and job seekers have considerable power in deciding where they work , these experts say, employers can''t afford to slack when it comes to benefits.