Job Market Monitor
Paid time off
US – Employees are taking less vacation time today than at any point in the last four decades
In fact, in 2013 employees with available Paid Time Off (PTO) took an average of 16 days of vacation, compared to an average of 20 days in 2000. This is data from a recent report by the U.S Travel Association, conducted by Oxford Economics, which analyzes the impact of forfeited time off. The report’s analysis … Continue reading
US – 41 percent of American workers do not plan to use all their paid time off in 2014
Americans are overwhelmed—but they aren’t taking the breaks they’ve earned. Nearly three-quarters of workers say they are stressed at work, with one-in-four reporting they are either “very” or “extremely” stressed. It’s no surprise that Americans feel this way. Many workers leave their paid time off (PTO) unused, despite near-universal recognition of the importance and benefits … Continue reading
US / A bill to change overtime pay law
The Republican-led House is poised to approve a bill that would give private sector workers the option of choosing paid time off instead of cash wages for working overtime. The measure would allow employees who work more than 40 hours a week to save up their earned time off for use weeks or months later. … Continue reading
Unlimited paid time off to fit in the modern workplace
If your boss told you that you had an unlimited amount of vacation time, what would you do? Would you try to finagle every Friday off, or take that monthlong trip to Europe that you’ve dreamed about? Or would you end up taking less time than you do now? These questions are not theoretical at … Continue reading
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