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American Workers Forfeit $272 Billion Worth of Time Off
NBC News ^ | Oct 14 2016, 7:44 AM ET | Martha C. White

Posted on 10/14/2016 9:04:05 PM PDT by Olog-hai

American workers collectively leave $272 billion worth of vacation time on the table, according to a new study — and it’s a drag on worker productivity as well as companies’ balance sheets.

“There are no winners when people don’t take time off,” said Katie Denis, senior director of Project: Time Off, a travel industry group that explores how people use (or don’t use) their vacation time.

A new Project: Time Off report says that employees in the private sector left a total of 658 million vacation days on the table in 2015, and previous research the group has conducted found that 55 percent of employees leave behind at least some of their vacation allowance at the end of the year. A 2014 Glassdoor.com survey put the percentage even higher, at about three in four.

Experts say there are a few culprits for our vacation-avoiding tendencies, including our always-connected devotion to electronic devices, lingering job insecurity held over from the Great Recession, and managers not cultivating a corporate culture where taking time off is the norm. …

(Excerpt) Read more at nbcnews.com ...


TOPICS: Business/Economy
KEYWORDS:
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1 posted on 10/14/2016 9:04:05 PM PDT by Olog-hai
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To: Olog-hai

Forfeit? A lot of places it just rolls over.


2 posted on 10/14/2016 9:10:59 PM PDT by Lurkina.n.Learnin (Hillary Clinton AKA The Potemkin Princess of the Potomac)
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To: Olog-hai

The plant that I recently retired from is now working short weeks due to reduced demand. The short weeks are an attempt to avoid a layoff. However the section I worked in usually are given the opportunity to work shutdown days, it beats getting a short check.


3 posted on 10/14/2016 9:11:17 PM PDT by fella ("As it was before Noah so shall it be again,")
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To: Olog-hai

Where my younger daughter works it is very common for people to give their vacation time to someone with medial issues. Even the manager has been known to help out.


4 posted on 10/14/2016 9:20:04 PM PDT by B4Ranch (Conservatives own 200,000,000 guns and a trillion rounds of ammo. If we were violent you'd know it.)
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To: Olog-hai
Where I work we can only save a total of 90 hours...We cannot accrue one hour over 90...which means either cash out or lose it.
5 posted on 10/14/2016 9:22:33 PM PDT by TaxPayer2000
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To: Olog-hai
Trump said it correctly that people are working more for less money.  They are all scared to not end up with a pink slip in a jobless market.

 

6 posted on 10/14/2016 9:31:49 PM PDT by OneHun
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To: Olog-hai

Where I work...no benefits. You take a day off you get a point. 12 points and your fired.


7 posted on 10/14/2016 9:43:54 PM PDT by Dallas59 (Only a fool stumbles on things behind him.)
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To: Olog-hai

The French picked up we didn’t use and then consumed TWICE that amount. Fat chance you can transact any business in almost all of Europe,in tne summer.


8 posted on 10/14/2016 9:49:16 PM PDT by ProtectOurFreedom
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To: TaxPayer2000

I have a reedonckyulous amount of vacation time (over 200 hours/year, +7.5 more hours every additional year, plus 12 “statutory” holidays), and if I don’t take the time off I end up in the spanking room, then they pay me out. No roll-over allowed.

I love my job, but get in trouble if I stay too much. Go figure.


9 posted on 10/14/2016 10:15:58 PM PDT by Don W ( When blacks riot, neighborhoods and cities burn. When whites riot, nations and continents burn.)
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To: Lurkina.n.Learnin

Not a lot of places, unfortunately.


10 posted on 10/14/2016 10:20:04 PM PDT by 1rudeboy
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To: Olog-hai
so they're sayin the workers are tooo stooopid to take their time off???
11 posted on 10/14/2016 10:25:27 PM PDT by Chode (You Owe Them Nothing - Not Respect, Not Loyalty, Not Obedience, NOTHING! ich bin ein Deplorable...)
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To: Olog-hai

This hits home. I have 320 hrs of Vacation, 240 in personal, and over 800 in sick. If I take it, I’ll fail. I am a manager, but the tempo is too fast. If anything, I jealous of the folks who punch a clock.

There are jobs that are key, and there are those that are not. Maybe they’ll send me a postcard from the beach.

Also, my workload has doubled. What used to be a demanding job at 50 hrs per week, has become insane. When one of my peers left and they gave me his facility, across town, to maintain. I am never, ever, off.


12 posted on 10/14/2016 10:29:42 PM PDT by Greenpees (Coulda Shoulda Woulda)
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To: Don W

Where I work, everybody pretty much takes the last half of December off, because they have so many vacation days left, and it’s “Use It or Lose It.”


13 posted on 10/14/2016 10:30:00 PM PDT by dfwgator
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To: Greenpees

I always have my laptop when I go on vacation, so I can handle any emergencies. It’s not too bad. I’m just glad that I can stay on top of things while I am out.

I used to dread coming back from vacation, because I knew things had piled out while I was out.


14 posted on 10/14/2016 10:32:06 PM PDT by dfwgator
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To: Chode

Thoeretically companies would have to hire more people to cover when your on vacation or sick.

The Gubment would get your payroll taxes and the other employees then too.

It could be a great way to further burden business ..... Just what certain politicians love to do.


15 posted on 10/14/2016 11:02:15 PM PDT by jcon40
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To: dfwgator

The fact of the matter is that Americans are the hardest working people in the world. Always have been; so much for libs saying we’re too lazy to work. That’s because they want cheap, foreign labor.

We should be proud of ourselves for our work ethic. For some reason, I was on a forum for Pakistani immigrants and exchange students to America. They were seriously in awe (and jealous) of our commitment to work, family and home, and - get this - hygiene. They were hoping that if they returned home, they could bring some of these adapted qualities to improve their benighted nation.


16 posted on 10/15/2016 1:39:09 AM PDT by miss marmelstein (Richard the Third: With my own people alone I should like to drive away the Muslims)
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To: Olog-hai

As a federal contractor, I get two weeks (10 days) of vacation time which also represents my coverage for sick time. Obama signed an order last year saying that contractors must allow seven paid days of sick time for employees but the contract companies are no more compliant than Hillary Clinton is with confidential memos.

I haven’t taken a real vacation in years, you know the type where you travel somewhere and explore or visit distant family members. Instead, I take an occasional sick day when I don’t feel well. Plus, I’ve had to work every holiday this year because the unionized government workers all take the day off.

In 5-10 years, I’ll retire and start taking some time off. Right now, I can’t afford it and it’s not truly offered. I’m just thankful at my age the Lord has provided me a job when many others can’t get one.


17 posted on 10/15/2016 4:32:08 AM PDT by OrangeHoof ("If you cain't run yo own house, you cain't run da White House. Cain't do it." - Michelle Obama)
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To: Greenpees

Yes, I am familiar with jobs like that. Are you paid enough to make it worth while? In New York City, jobs like that pay at least $150K, usually considerably more.


18 posted on 10/15/2016 4:44:19 AM PDT by proxy_user
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To: Olog-hai

FORFEIT? Not hardly! I worked many a day off and vacations, double shifts and got over time pay for it along with regular “vacation” pay! Put most of it in a 401-K.

In the last two years of working I took no vacations, worked and got overtime plus vacation pay. On regular days off I worked and got time and a half. I even covered for other employees who were on vacation or on days off.

I was ready to retire in great shape when the recession hit and I lost some of it. I still retired in decent shape that I have not had to work for the last eight years.

Life is still good!


19 posted on 10/15/2016 7:02:14 AM PDT by Ruy Dias de Bivar (She is an evil woman. Jezebel Athaliah Livia Drusilla Messalina Lucrezia Borgia Hillary Clinton)
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To: Olog-hai

I get 104 days off a year.

It’s called “Saturday” and “Sunday.”


20 posted on 10/15/2016 7:09:59 AM PDT by Larry Lucido
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