Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

Yankees: Nose To The Grindstone


Economic Trends

YANKEES: NOSE TO THE GRINDSTONE

Compared with counterparts overseas, U.S. employees get skimpy vacations. According to Hewitt Associates, a benefits-consulting firm, American workers, after one year of service, average just two weeks of annual vacation. Same goes for Canadians and the Japanese--10 working days. In most European countries, by contrast, the mandated rule is 20 to 25 days (chart).

At big U.S. companies, Hewitt notes, employees usually fare better as their job tenure increases: three weeks of vacation after 5 years and four weeks after 15 years. But since many Americans work for smaller companies or often change jobs, in many cases they don't advance much past two weeks.

Runzheimer International reports that the average U.S. worker gets a grand total of only 17 days off a year, including holidays. By contrast, Swedes and Finns get 38 and 45 days, respectively. And with 21 national holidays, the average Japanese worker gets 37 days off.BY GENE KORETZ


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus