Korn Ferry Executive Survey Reveals Vacation Trepidation
May 26 2015 - 9:04PM
Business Wire
-67 Percent of Executives Have Postponed or
Canceled Vacation Plans Due to Demands at Work-
-73 Percent of Executives Cite “Too Much Work”
as Primary Concern-
According to the latest Korn Ferry Executive Survey, many
executives say they are just too busy to take a vacation.
Of the more than 400 executives surveyed by Korn Ferry
(NYSE:KFY), the preeminent authority on leadership and talent, 67
percent say they have postponed or canceled vacation plans in the
past year due to demands at work. While 83 percent indicated they
would take some vacation time this year, the majority (57 percent)
did not expect to use all of their available vacation days.
“Today’s executives are under constant pressure to drive growth,
hit deadlines, and deliver on the expectations of various
stakeholders,” said Kevin Cashman, Senior Partner at Korn Ferry.
“The irony is that individuals who take time off are shown to be
more productive, have higher morale, and are less likely to make
critical mistakes.”
Executives overwhelmingly (72 percent) noted “too much work to
do” and an “increased workload upon return” as the primary concern
in stepping away from the office on vacation. Tellingly, when
executives do take a vacation, most are not able to completely
disconnect from the office, with 50 percent connecting with work
“multiple times a day.”
Survey results were conducted from May 12 to May 19,
2015. Results are highlighted below.
Do you plan to take a vacation/vacations this year?Yes
83%No 17%
Did you take a vacation/vacations last year?Yes 87%No
13%
Have you cancelled or delayed personal vacation plans in the
last year due to occupational demands/pressure to perform at
work?Yes 67%No 33%
How often do you connect to your work while on
vacation?Multiple times a day 50%Once a day 29%A few times per
week 9%Once per week 6%Hourly 1%Never 5%
Do you plan to use all of your available vacation time in
2015?Yes 47%No 53%
What worries you most about leaving the office for personal
time/vacation?Delegating my responsibilities to others 18%Too
much work to do/Increased workload upon return 72%Others at your
company gaining an advantage in your absence 4%Potential negative
impact on reputation 6%
About Korn Ferry
Korn Ferry is the preeminent authority on leadership and talent.
For nearly half a century, clients have trusted us to recruit
world-class leaders. Today, we are their partner in designing
organizational strategy and developing their people to achieve
unimaginable success. For more information, visit
www.kornferry.com.
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For Korn FerryBenjamin Rippey, (201)
484-7414Ben@BRCCommunications.com
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