Executive Jobs Website TheLadders Finds 79% of Execs Will Be Taking a Vacation This Year; Few Plan to Stay Connected Full-Time
New York, NY (July 30, 2007) - Is the hyper-connected executive going soft this summer? With vacation season in full swing, TheLadders.com, the world's leading $100,000+ jobs website, set out to find just how many execs would be hitting the beach this year and how many would remain chained to their desks - physically or virtually through their laptops, cell phones and BlackBerries. The results suggest that we may not see the same migratory dash from the beach to the wireless hot spot that has marked previous vacation seasons.
According to TheLadders.com's most recent survey, 78.9 percent of executives plan to take a vacation this year. When asked whether they thought those vacation plans would interfere with their chances for success, 75.4 percent of respondents said, "no." Moreover, 72.09 percent said that vacations are critical for reenergizing their focus on work, and 58.4 percent said that their work environments are supportive of taking time off.
Cutting the Electronic Leash
Getting to a vacation destination is only half the battle in the age of high-speed cellular networks and 24-hour business cycles. But, when executives were asked whether they stayed connected to the office from their vacations, very few said they were in constant contact. Fifty one percent said they check in "a few times just to make sure things are running smoothly" and 34.6% said they did not check in once. However, should things stop running smoothly at the office, they will be ready: 36.4% will have their laptops and BlackBerries with them "in case of emergencies" and 33.1% said they "never leave home without them."
While not yet close to their European counterparts, who often take a month off at a time, the majority of U.S. executives surveyed said their companies provided anywhere from 11 to 20+ vacation days per year. When asked, on average, how many days is the ideal amount of time off, not surprisingly, 44.4 percent voted for 20+ vacation days a year.
"A big part of success in the office is having a rich, full life outside the office," said Marc Cenedella, founder and CEO of TheLadders.com. "No matter what the pressures of the job are, it is really important for high-performing people to take some time to pursue the things they love, whether that's down-time by the beach with the family or climbing Mt. Everest. Either way, it's impossible to realize the full, restorative effects of a getaway with a cell phone attached to your ear."
TheLadders.com's vacation survey was conducted in June 2007. The results of this survey are statistically accurate to within +\- 3.86 percentage points.