71% of yearly holidaymakers feel satisfied with their job, compared to just 46% of those who never take a holiday.
The Nielsen Research study, commissioned by Diamond Resorts International, found that people who go on holidays on a regular basis are generally happier, healthier and have better relationships than those who don’t.
- Holidays can make you feel happier – 76% of yearly holidaymakers report feeling ‘happy’ or ‘extremely happy’ compared to just 43% of those who never take a holiday.
- Holidays can make you feel energised – 72% of yearly holidaymakers report feeling ‘energised and full of life all the time’ compared to just 34% of those who never take a holiday.
- Holidays can make you feel healthier – 56% of yearly holidaymakers describe their health as ‘very good’ or ‘excellent’ compared to 28% of those who never take a holiday.
In spite of the listed benefits, a significant proportion (63%) of people do not have any plans to go on holiday this year. Also, a majority of respondents (52%) didn’t take all of their holiday allocation in 2014, forfeiting more than seven days of annual allowance.
Work-related stress can lead to increased staff turnover
Work-related stress can be costly to employers in a number of ways, including increased staff turnover, recruitment costs and low staff morale.
The Institute of Leadership & Management (ILM) found that more than half of managers in the UK feel compelled to work while on annual leave – and almost one-fifth return from breaks away from the office feeling more stressed than when they left.
Accounting for all elements of the recruitment process − from advertising costs and recruiter fees to loss of productivity and training for new recruits − each employee lost could cost up to £30,614 to replace. Businesses choosing not to encourage holidays should consider this substantial sum and whether they can afford to lose experienced employees.
Author: Megan Jones
Published On: 27th May 2015 - Last modified: 18th Dec 2018
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