Summer PTO woes

This summer, people are still headed to the beach, they just might pick a spot closer to home instead of Hawaii or Miami. New from me: 80% of summer vacationers are changing their plans due to inflation, according to a new Bankrate survey. Two in three people say they're somewhat or very likely to go on vacation this year, but overall, people need to adjust their expectations to make it work. So what are people doing to save money? ?? 29% are choosing less expensive accommodations or destinations. ? 28% are engaging in cheaper activities. ?? 26% are driving instead of flying to their destination. ?? 23% are taking a staycation instead of traveling. ?? 20% are using rewards points to cut costs. Bankrate's Ted Rossman says people are being more thoughtful this year about how they're spending in light of inflation and interest rates. “Prices were rising much faster last year at this time, but fewer travelers were adjusting their plans," he said. "Last year was also notable for the tremendous pent-up demand that was unleashed as COVID-19 restrictions and concerns began to ease.” Can you believe it's almost May? How are you planning on changing your vacation plans this summer due to the economy? A staycation sounds really appealing to me, personally. ?? #inflation #economy #summer2023 #summertravel

With summer on the horizon, many of you are preparing to take some well-deserved time off work. Taking a break and traveling not only provides an opportunity to rest, but also helps you recharge and refocus your goals. Don't underestimate the power of time off to set yourself up for long-term #success. Use your PTO, book that #vacation and prioritize your well-being — your professional self will thank you later.

This is a reminder to use your PTO. I have a few clients that offer unlimited PTO and others that offer 2 weeks. Some companies allow you to roll it over BUT wouldn't it be better to enjoy some (relaxing) time off. You don't have to book a pricey vacation to a tropical island ??? (would be nice though). TIP- Use a day or two of PTO around a national holiday. This year July 4th falls on a Tuesday. You could use a PTO day on Monday, July 3rd, and have four days off in a row. Lake time! ???? Individuals that use their PTO claim to be happier at work. ???? ?????? ?????? ?????? ???????? ???????

Almost half of American workers don't use all their paid time off. We are fostering a culture of overwork that's costing our health & our families' wellbeing. I appreciate that a few startups are starting to *require* employees to take their full PTO. Otherwise, people are afraid they will look like slackers if they take more time compared to coworkers. It's understandable to want to impress your supervisor, especially if you want a promotion, but these behaviors have become so entrenched that they are now standard, and deviation from them is considered weakness or lack of dedication. We need to reverse these trends, and that happens from the top. Require employees to use their PTO and don't encourage overwork.

Summer travel season is here! Recent research by NerdWallet and The Harris Poll finds that 42% of Americans are planning to take a trip this summer that involves a flight or hotel stay. "These summer travelers say they’ll spend $3,293, on average, on these travel expenses. That’s nearly 109 million Americans spending more than $358 billion on summer travel expenses this year, according to NerdWallet analysis." However, the economic climate has influenced this number - 92% of travelers say they are taking steps to save money on travel - and many who are not planning to travel say its due to inflation making travel too expensive. The travel brands that 'win' the summer will be able to capitalize on these conflicting dynamics - a desire to get out there, but on a more conservative budget. #research #travel https://lnkd.in/gpReu8Jq