The Malaysian Insider :: Features
The Malaysian Insider :: Features |
| Many workers would scrap vacation to save Posted: 01 Jul 2011 08:06 PM PDT NEW YORK, July 2 — Almost half of US workers would scrap or scale back their summer vacation plans to save money if the economy remains volatile, according to a survey. Younger workers are more apt to bite the bullet, and men are twice as likely as women to be expected to work on vacation, the poll by jobs website Glassdoor.com showed. "People are still pretty nervous about personal spending," Glassdoor chief executive Robert Hohman said, noting the "stark" numbers of people willing to change vacation plans.  File photo of a couple relaxing in a hammock while on vacation at the Casa Marina Resort in Key West, Florida. — Reuters pic "It's reassuring to see the majority of employees feel their employer support their ability to 'check out' and recharge," he noted. "Employees who feel tethered to their job while away miss the intended vacation benefits, and US companies should try to be more respectful of this time." About 45 per cent of employees and the self-employed would reduce or cancel their summer vacation plans to save money, according to the online survey of 2,203 adults conducted by Harris Interactive. Thirteen per cent of people take vacations knowing they may have to work if necessary. Nearly one in five, 18 per cent, said they must be available should an emergency arise. More men said they are expected to work on vacation than women, the survey showed. Workers in the US South and West are more likely to call off their summer vacation, as well as work during their time off. About 53 per cent of employees in both regions said they would alter their vacation compared with 38 per cent in the Midwest and 34 per cent in the Northeast. Of those who were expected to work during vacation, 18 per cent are in the South, 17 per cent in the West, compared to just 8 per cent in the Midwest and 7 per cent in the Northeast. Young adults are most likely to change their vacation plans because they have less of a financial cushion, Hohman said. Their plans also tend to be simpler than for older vacationers who may go away with their children. More than half of workers aged 18-34 would change their vacation plans, compared to 44 per cent of employees aged 35-44, and 42 per cent in the 55 and older age bracket. — Reuters Full Feed Generated by Get Full RSS, sponsored by USA Best Price. |
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