NEWS BLIPS
Record Number Of Employee Vacation Days Left Unused
Editor's Note: This news item was retrieved and first published through the US Travel Association's website.
A new study by the U.S. Travel Association, Oxford Economics and Ipsos shows a record number of vacation days went unused in 2018. 768 million days, up 9% from 2017, allotted for vacation were not used. Of the unused days, 236 million were forfeited completely, equating to $65.5 billion in lost benefits.
Of the unused days, 236 million were forfeited completely, equating to $65.5 billion in lost benefits, says the press release by the US Travel Association. More than half (55%) of workers reported they did not use all their allotted time off. While American workers are leaving more unused days on the table, they are also taking more days of paid time off; American workers took off an average of 17.2 days in 2017 and 17.4 days in 2018. Employment in the U.S. The latest study also discerned a broader economic cost. Over 80% of American workers say it is important to use their time off to travel, the report found, but they do not actually take the trip.
Learn more on the results of the study here.