15 days’
vacation at hire
Salesforce
15 days’ vacation at hire
…20 days after two years
American Express
28 days’ vacation;
can …buy or sell vacation
Ikea
15 days’ vacation
at hire
Advantages of Offering More Vacation
What set’s you apart from any other employer?
Your Brand?
Your customer service?
Your employee engagement?
Facts About More Vacation
And Increased Employee Productivity
Attractive Job Prospect for Unique, High Skilled, and Rare Workers
Chances are if you are hiring and are looking for the best candidate your money can buy, vacation time can easily influence an individual to pick you. Increased vacation time showcases the company’s consideration for maintaining work-life balance and providing its employees the freedom to take care of other responsibilities.
Higher Employee Productivity
Detaching from work allows the mind to relax and de-stress. Then once you get back to work you are able to structure your thoughts clearly and bring your best potential. The disconnect that vacationing allows, helps boosts mental and physical wellbeing. Skills like problem solving, active listening, decision making, organization, communication, and overall attitude are refreshed.
A relaxed mind is also able to think freely and creatively. Creativity is especially useful in technological, media, advertising, and engineering industries.
Companies can also tie job performance to time off allocations. After all, hard work pays off!
Improved Company Culture
Rejuvenated employees = happy employees.
Generational Needs
In The Work Place
Generational needs are changing. Baby boomers (1946-1964) are exiting the workforce into retirement and Gen X (1965-1976) employees are flowing into the more senior positions. Now it is time to prepare for the increase of millennials (1977-1995) and entry of Gen Z (1996+) employees.
What do baby boomers and Gen X employees want from a workplace?
Great compensation retirement
Long-term opportunities
Stability
What do millennials and Gen Z employees want from a workplace?
Flexibility
Communication transparency
Strong Values/Societal Impacts
Did You Know
The Ministry of Labour’s top 5 violations for 2018/2019:
Public Holiday/Holiday Pay
Overtime pay
Vacation pay: Written Agreements
Vacation Pay/Time
Record Keeping
About the writer: Christina Galeota, B.B.A (Hons.), pursuing CHRP
I am a Brock University graduate with a background in Business. I have always been an analytical individual and research is my specialty. My consistent learning attitude keeps me up-to-date with ongoing changes in the business and HR world, so sharing my knowledge not only benefits me, but you as well.
If you have not implemented HR processes in your company, please reach out to me at christina@c2inc.com and I will gladly give you some information on where to get started and how I can be a key player in the success of your business and people.