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  • We typically think of vacation as a time to tune out and put work on hold or at least try to.

  • But is it possible that vacation actually advances your career and makes you more productive?

  • Here in Europe it's normal to take a couple of weeks, maybe even a month, of holiday during the summer.

  • Shops close their doors and some factories even stop production.

  • It's a tradition that dates back more than a century when it was more efficient for

  • factory-line workers to all go on holiday at the same time instead of at separate times throughout the year.

  • Factories used the summer recess to do maintenance on machines and give workers a much-needed break.

  • Fast forward a couple of decades and Europeans are still taking advantage of long holidays.

  • The European Union entitles workers to at least four weeks of vacation time per year.

  • That's a lot more than most countries in the world.

  • Some European countries like France, the UK or Norway even mandate extra paid holidays on top of the 20 days.

  • In fact, the U.S. is one of the only countries that doesn't have mandated vacation time.

  • You might think that all this time off means European workers are less productive than Americans.

  • But it turns out nine of the top 10 most productive OECD countries

  • measured by GDP per hour worked are in Europe.

  • The United States ranks sixth.

  • And a recent report found U.S. workers who took 11 or more vacation days

  • were more likely to get a raise or a bonus - compared to workers who took 10 or fewer.

  • More productive and more likely to get a raise?

  • I'll take another one of these, please.

  • Studies show there can also be health benefits like lower stress,

  • better mental health and even less likelihood of a heart attack.

  • Time away from the office can also spark creativity.

  • Starbucks, Instagram and Hamilton the Musical were all ideas inspired on vacation.

  • But it's not all paradise.

  • A lot of people have a hard time disconnecting when they're supposed to be off.

  • And the stress of getting work done before leaving can just be too much to handle for some people.

  • Almost half of workers in one survey said they didn't go on vacation

  • because they don't want to come back to a mountain of work.

  • In fact more than half of Americans leave vacation time on the table.

  • Cost is also a big factor holding people back from taking time off.

  • But studies show that even taking a day or two away from the office can have a big impact on productivity.

  • So maybe it's time to sit back and relax.

  • And who knows?

  • It could help you get that promotion you've been waiting for.

  • Hey, it's Elizabeth here.

  • Thanks for watching.

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We typically think of vacation as a time to tune out and put work on hold or at least try to.

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Does vacation make you more productive? | CNBC Explains

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    kstmasa posted on 2019/01/07
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