- Data from Edays shows that the average employee has 55% holiday remaining in 2021
- The Entertainment, Media & Arts Industry sees the largest backlog of holiday allowances with 79% globally still pending
- With less than three months to go before the end of the year, business leaders face burnout and supply issues.
Nottingham, UK, 2nd November 2021: 41% of employees globally have more than half (55%) of their holiday allowance still available before the end of the year. That’s according to global absenteeism expert, Edays, whose data shows that business leaders will have short-term staffing during the build-up to Christmas and New Year.
With 59 days remaining until the end of the year, workers worldwide have on average 14 days left to take their annual leave. With an average holiday allowance of 26 days, employees left more than half of their benefits (55%) for the end of the year. This comes after estimates say there are 50% more vacations than in 2020 due to the extended holiday season following the pandemic outbreak.
The primary concern will be how business leaders can address burnout and resource burnout. Research from Edays last month saw 41% of respondents say their workplace has negatively impacted their health during the pandemic. If teams are short on human resources over the next few months, burnout will increase as they try to address the shortage.
Recreational exodus
When looking at industry-specific data, the situation for the Entertainment, Media & Arts industry also looks worrisome. On average, these employees have 70% of their holiday allowance to use up before the end of the year.
With the arts taking a hit during COVID-19, businesses will be hoping to maximize profits during the festive period and build up to the New Year. To be able to do this, a well-resourced team will be crucial. However, if teams are unable to take the time to relax and recuperate, we could see burnout in this industry increase dramatically.
Matt Jenkins, Managing Director at Edays commented: “With an estimated 50% increase in holiday allowances this year as the 2020s are rotated across multiple industries, it is not surprising that we see yourself in this situation. However, it is clear that the increase in vacation days has not been managed appropriately with many organizations potentially facing the challenge of providing the right resources for their teams. This puts pressure on employees and can lead to burnout, but it can also damage a company’s reputation if deadlines are missed. Now is the time to implement an absence management solution to manage the problem as we approach the winter months, and make sure it doesn’t carry over into next year. “
To learn more about Edays, visit the website here: https://www.e-days.com/
END
About edits
Edays is an award-winning, cloud-based absence management and intelligence platform that makes holiday and absence management easy and accurate for organizations of all sizes, anywhere in the world. gender. Edays services more than 1,500 customers across 120 countries, including brands such as ASOS, AXA, Monster Energy and Sony.
Edays’ mission is to provide organizations with critical information about employee absences – enabling them to build better employee and benefits management strategies. Absence intelligence enables businesses to gain insights into sourcing, save time and money associated with employee absenteeism, and drive employee excellence. and better health for organizational success.
Press request
For all media inquiries, please contact Rachel Johnstone
[email protected]
+44 7930 578985
