When it comes to time off, America is definitely not a world leader. A review of mandated vacation policy in 21 countries with advanced economies by the Center for Economic and Policy Research reports that the United States is the only country that doesn’t guarantee workers paid time off, and about one quarter of U.S. workers don’t receive paid holidays and vacation days.
The opportunity cost of forgoing time off is consequential. Academic research has found that taking vacations improves our health, boosts job performance and triggers more creativity. It also makes us happier.
UCLA Anderson researchers Colin West, Cassie Mogilner Holmes and Sanford E. DeVoe reviewed data from more than 200,000 Americans who participated in the Gallup Daily poll between 2014 and 2016 and found that, controlling for income and days worked, folks who took more vacation days reported being happier. The good vibes were flowing more, the bad vibes were tamped down and life satisfaction clocked in higher.
Despite the payoff of higher workplace and personal vitality, there is no big effort from the business community (all those wellness programs don’t necessarily make a big push for taking all of one’s vacation days) or public policy to shift us out of our workaholic norms.
This story is from the December 2019 edition of CEO India.
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This story is from the December 2019 edition of CEO India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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