24% of workers say they can’t afford to take a vacation this year, up from 21% last year.
Demanding work schedules and mounting financial challenges are leading many workers to cancel vacations this year, according to CareerBuilder. Even those who plan to take time off intend to stay connected with the office while trying to recharge. It’s a classic reaction to the dramatic economic downturn we’ve experienced: Because of layoffs, employees feel they have to keep showing up to remain valued, and declines in compensation have prompted households to save rather than spend. Under these circumstances, a vacation can seem frivolous. In the end, however, workers who don’t give themselves a break may hurt themselves professionally. "Taking advantage of vacation or paid time-off benefits is critical not only to your well-being, but to your overall job performance," said Rosemary Haefner, Vice President of Human Resources at CareerBuilder. "Workers who set aside time for R&R tend to have less burnout, more creative energy and higher quality output." More than 5,600 U.S. employees took part in the survey.
Dennis McCafferty is a freelance writer for Baseline Magazine.
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