Sunday, May 26, 2013

Did you know 1 in 4 Americans get no Paid Vacations and no paid Holidays...How are you doing compared to other countries?

Memorial Day weekend will kick off the summer travel season for many Americans, but some workers won't be able to kick back on a vacation this year. 
Nearly one in four Americans (23%) has no paid vacation days, according to a report released today by the Center for Economic and Policy Research, a non-profit based in Washington, D.C. 
"Relying on businesses to voluntarily provide paid leave just hasn't worked," says report co-author John Schmitt, a senior economist at the center.
The report analyzed national and international data on 21 democracies in the Organisation for Economic Co-operation and Development. The group of 21 countries includes 16 in Europe, Australia, Canada, Japan, New Zealand and the USA. 
The USA is the only advanced economy that does not require employers to provide paid vacation days, the report says. Many U.S. employers offer paid vacation days and holidays, but no law sets a minimum.

Read the full story HERE.

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Machtyn said...

Up until 3 weeks ago, I was one of the 23%. But for me it was by choice. I was a contractor. In theory, I'm supposed to make more to cover the lack of benefits I don't receive. In reality, when the company I was contracted to picked me up as a full-time employee, I got a pay raise, plus all the benefits (which are many and very nice).

However, don't expect my situation to be the norm. More companies will go to contract workers as a majority of their workforce. They can offset the cost of the PPACA, by pushing those responsibilities onto the contracting companies. The contracting companies don't really "hire" the employee, but they are in an exception class of worker. That worker is still mandated to have insurance, thus needing to purchase a private plan or take the offering of the contracting company (which really, really sucks. Think taxes are bad at 21% of your paycheck? The insurance deduction is about 25%. Private plans are much better, but then you have very high deductibles.)

Anonymous said...

That's because the private sector workers have to work harder to make up for all the vacation days the public sector employees get....