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Optimist Economy

Stop Donating Your Vacation Days to Your Boss

Tuesday · 50 min · Season 2 · Episode 28 · 120.8 MB
0:00-50:20

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Nearly 90% of private-sector workers get paid vacation days from their job, but a Pew survey found 46% leave at least some of it on the table. Government survey data also show that the share of workers who are on vacation in any given week has fall by about half between 1980 and 2022. Blame thin staffing, guilt culture, and “PTO bundles” that push people to ration days between vacation days and sick leave. The fix exists elsewhere: the European Union, for instance, guarantees 20 paid days a year. If a Costco cashier is able to vacation in Europe twice, so should you.


Chapters:

0:52 Announcements

2:53 Retcon Marathon

11:01 Terms & Conditions: Statutory Leave

12:04 Big Pilcrow: Vacation Days

14:03 Why Do We Think We Can't Take Time Off?

16:01 No Staffing Slack in the Office

16:51 Vacation Guilt is a Real Thing

18:51 What's Worker Power Got to Do With It?

20:20 Decline in Days Off: What the Data Says

21:17 Vague Numbers of Vacation Days

24:23 Cost of Travel is Up

24:56 Statutory Leave Could Create Jobs

26:28 What are Workers Leaving on the Table?

28:48 How Much Does Vacation Time Cost Employers?

31:08 Vacation Marxist Economics-Style

34:40 The Curse of the Long-Weekend Vacation

38:21 Could the Government Mandate Vacation Time?

42:46 Executive Orders: ACFC wins and Americans with Children Act

46:23 Spiritual Sponsors: Lizards!