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Do Employees Prefer Time Off To A Pay Rise?
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Do Employees Prefer Time Off To A Pay Rise?
Imagine a marketing consultant earning $52,000 a year and entitled to two weeks of holiday. If offered a $1,000 bonus or an extra week off, which would they prefer? A growing body of research suggests that, increasingly, workers would rather take the time. A study from the University of Missouri–St. Louis finds that time off, more than cash, makes employees “feel human”—that is, recognised as whole individuals rather than units of output. Shifti…
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