MENLO PARK, CALIF. — With summer in full swing, the perennial lament of "not enough vacation" can be heard across the land. According to a new survey, 83 percent of executives say their employees are willing to trade other benefits - including pay - for more rest and relaxation.
The study was developed by Accountemps, a temporary staffing service for accounting and information workers. "Employees have come to realize that every benefit offered to them, even vacation time, has a dollar value associated with it," says Max Messner, chairman of Accountemps. "They can also see the advantage of trading one benefit for another."