TravelMany Americans Would Give Up Vacation Time for Higher Pay
It's Fine to Say You Had a Terrible Time on Vacation
Most of life is pain, interspersed with moments of unadulterated, devil-may-care bliss, and vacation is supposed to be one of those moments. News flash: It’s not always. A new survey reveals that Americans are prone to lie about just about every aspect of their vacation, according to the Los Angeles Times. The travel website JetCost surveyed 4,000 Americans, and found that vacation-goers will lie about where they went, how much fancy sightseeing they did, what the weather was like, how much they drank, and where they stayed. And a whole bunch of vacation-goers lie about whether they had any fun at all (per the LA Times): [.
It appears that many Americans value money more than time off.
Research fromshowed that half of Americans would accept a job with no vacation time if they were paid more.
The 11th annual Vacation Confidence Index also showed that one in three would give up some pay for an unlimited vacation.
Those most likely to sacrifice paid time off for higher salaries were.
Sixty-three percent said they would forego vacation time for more money compared to 47 percent of Gen-Xers and 32 percent of. Men were also more likely to look for money versus time off with 57 percent preferring a higher salary versus 41 percent of women.
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However, the devil is in the details. In order to accept fewer days off, the average American said that the pay raise would have to be significant—a 48 percent increase—to give up vacation time.
More reasonably, one in five Americans were willing to give up their paid time off for an increase of 24 percent or less. One-third (29 percent) would need 25–49 percent more, 35 percent would need 50–99 percent more and 16 percent would need to double their salary to take this offer.
The Vacation Confidence Index also looked at the value of unlimited vacation, which is a growing trend in the workplace. More than one in 10 (12 percent) of Americans already have unlimited vacation.
One in three Americans (34 percent) said that they would give up a portion of their paycheck for unlimited vacation, with millennials leading the pack at 41 percent.
Want to take vacation time off and not regret it? Here's exactly how much you should be taking
To find out how much vacation time is ideal, INSIDER polled Americans on how they felt about the vacation days they took last year.
“We asked Americans to literally put a price tag on their vacation days, and one-third of U.S. workers said they would be willing to take a pay cut in exchange for unlimited paid time off,” said Daniel Durazo, director of marketing and communications at Allianz Global Assistance USA. “Meanwhile half of Americans say they wouldn’t accept a job with zero paid time off regardless of the salary. For those who value their vacation days, travel insurance offers peace of mind by protecting their trip investment from any covered travel disruptions.”
It’s interesting to note that millennials are both the most willing to give up vacation time for higher salaries and the most willing to give up salary for vacation time, which highlights that this generation values both success and personal flexibility.
For those willing to give up salary for unlimited time off, the average they would be willing to forgo is 26 percent with millennials willing to give up as much as 32 percent.
Nearly one-quarter of these respondents (22 percent) would be willing to give up over half their salary, while 21 percent would give up 25–49 percent and the majority (57 percent) would give up 24 percent or less.
Majority of Americans Worry About Work During Vacation.
Research found 32 percent of Americans work while they are on vacation. Even more — 70 percent — check their work emails at least once when on a trip abroad. Respondents were also quizzed on their worries when flying, and Jetcost found that two-fifths of Americans (39 percent) find going to the airport a stressful experience, and a further 45 percent said that they don’t like flying. Additionally, 19 percent of Americans confessed that they are scared of flying, and a further 8 percent do not fly to certain destinations because of the time spent on a plane.
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