Employee Vacation Time Can Add Value to a Company’s Business

It's the peak of the vacation season. And while many employees are taking time off their jobs to rest, relax and recharge, that time away is adding value to their employer's business. According to the Austin (Texas) Business Journal, one dollar's investment in employer-sponsored vacation benefits yields a $3 return in improved productivity and morale. And, in his book "Go Away: Just for the Health of It," Dr. Mel Byrns says that for every dollar that companies get back in vacation time not taken, they lose as much as $7 in costs related to employee burnout. More than 30 percent of [...]