More holidays and a pay rise

The New Economics Foundation is calling for more holidays and a pay rise for the good of the British economy!

This recommendation (and its accompanying report) focuses on ways in which to improve national productivity.

The idea being that if consumers are able to spend more money, and have more time in which to spend it, the demand for products and services will increase. This, in turn, will help bolster business productivity and the wider economy.

Do we need more holidays?

Few employees would decline the opportunity to have more time off. Especially on hearing that Britons receive fewer public holidays than many of their European counterparts.

While the UK minimum stands at 28 days, EU employees receive anywhere from 30 to 40 paid public holidays each year.

This report also reflects employees’ priorities, according to a separate study

When looking for a new job, British people prioritise:

  1. Their salary (98%)
  2. Holiday allowance (91%)
  3. A pension plan (89%)
  4. Promotion opportunities (78%)

Talking of holidays…

Therefore, while the ideas sound welcome, there may be additional issues to tackle in practise! In the meantime, don’t forget to use your jobs research as a chance to review your personal priorities. 



No time for a holiday?

Are you one of the many Brits that’s too overloaded at work to use your holiday entitlement this year? Or perhaps there’s another reason you won’t be booking much time off?

This is something of an annual issue. 44% of British professionals opted not to use their full holiday allowance in 2018 – and almost 1/4 (23%) had 6 or more unused days by the end of the year.

What’s more, a new national survey suggests 54% of people won’t benefit from their full entitlement this year either. So, why are so many employees reluctant to book a break from work?

Why many Brits aren’t using all their holiday allowance…

  • 1/4 of people report that they ‘feel guilty’ to use their contractual allowance, blaming their employer’s culture for this. In addition, respondents identified some more specific reasons that could be at the root of their reluctance…
  • Top of the list was being ‘too busy’ to book time off (38%), followed by:
  • Having ‘nowhere to go’ (23%)
  • Not needing as much allowance (19%)
  • Enjoying their job too much (8%)
  • A disapproving boss (7%)
  • And ‘peer pressure from colleagues’ (5%).

The article also explores some related issues. From the prevalence of unpaid overtime to being contacted by work while on leave.

But science says you need a holiday!

Research conducted on men found that those who took shorter holidays generally ‘worked more and slept less’. The post argues that this is perpetuating stress issues and the risk of burnout.

We’re assuming these findings would also apply to female employees, who last year missed out on even more paid leave than their male counterparts.

Perhaps it’s time to review your work-life balance and whether you’re happy with your current lifestyle. If you’re not, there may be better options for you.

Employers and managers should also look to create a culture that encourages everyone to use their holiday entitlement. Booking a temp to cover annual leave needs is a great place to start. Call us on 01225 313130 to discuss how this could work for your business.