Client Communication Briefing

August 30, 2006

 

Labor Day Thoughts and our Office Hours

 

With Labor Day coming up this weekend and summer un-officially drawing to a close, I thought the following piece of research might interest you:

 

Steelcase, the office furniture company, found in a recent a survey of nearly 700 office workers in the United States, that only 61 percent use all of their allotted vacation time and almost half (43 percent) of the respondents spent at least some time working during their vacation. Comparisons to a similar study conducted by Steelcase revealed that those who report working while on vacation has nearly doubled (43 percent versus 23 percent) in the 10 years since the last survey.

When asked the reasons why people work while on vacation, the majority of respondents reported it is because they are "committed to the job" (25 percent) or have "a pressing assignment that needs to be take care of" (22 percent). Additional reasons for working on vacation include "don't want to leave it all for when I get back" (12 percent), "technology makes it easy" (11 percent) and the inability to "relax until things are taken care of" (10 percent).

 

Another tidbit of information I read recently stated that Americans forsake 574 million vacation days each year - that's $19.5 billion we're giving back to our employers. Don't give up your benefits!!!

 

If you or family members have vacation days coming, take them, and if you are among those working during your vacation or weekends, I hope you make sure to carve out some time for yourself this coming holiday weekend and enjoy it.

 

Please note that our office will return to its regular hours of Monday through Thursday 8:30 am to 4:30 pm and Friday 8:30 am to 3:00 pm after the Labor Day holiday.  We hope you had an enjoyable summer and look forward to serving all your financial life planning needs.