Ep 29 - Vacation's All I Ever Wanted

Show Notes

Heading into the July 4th holiday in the US we discuss the value of vacations and how they can affect your company.   Stats we cite during the podcast:

• Vacationers experience an 82 percent increase in job performance
• 34% take under half of their allotted PTO time each year
• For the first time in recorded history, more than half of Americans (55%) left vacation days unused, which equates to 658 million unused vacation days. ("Americans are effectively volunteering hundreds of millions of days of free work for their employers, which results in $61.4 billion in forfeited benefits.")
• People who took fewer than 10 of their vacation days per year had a 34.6% likelihood of receiving a raise or bonus in a three-year period of time. People who took more than 10 of their vacation days had a 65.4% chance of receiving a raise or bonus.
• Arianna Huffington Deletes Employee Emails

Creators and Guests

Host

Ruth Thomas

Chief Product Evangelist for Payscale

What is Comp and Coffee?

A podcast by Payscale where we talk about the art and science of compensation management. Grab a cup of coffee, settle in, and let’s dive into the world of pay and performance with insights, tips, and strategies to help you stay ahead.