U.S. employees are giving away billions and billions of dollars away to their employers in unspent vacation, a new report finds.
The study by Project: Time Off claims that U.S. companies have $272 billion of unclaimed vacation on their balance sheets. That is linked to an estimated 658 million vacation days that employees didn’t use in 2015.
For the study authors, the figures should be a wake-up call not just to employees, who are giving away extra work, but to employers, who are overseeing millions of workers who clearly don’t feel comfortable claiming the benefits that they have been offered.
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