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Survey: Can microbusiness owners afford vacation time?

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If all work and no play makes Jack a dull boy, owners of the nation's smallest businesses may want to take extra steps to ensure they're lively when they're not at their livelihood.

That’s because, a Gallup poll found, one in five microbusiness owners took no vacation days in the past 12 months, and another one in five took just a week or less. Of them, nearly one in 10 doesn’t expect to take a vacation in the next 12 months, either.

Gallup, which has facilities in Princeton, surveyed owners of businesses with five or fewer employees (including the owner), and found that 61 percent took two weeks of vacation or fewer in the past year: 20 percent took no time off; 21 percent took a week or less; and 20 percent took one to two weeks of vacation.

Success comes at a price, however: Gallup said its Sam’s Club/Gallup Microbusiness Tracker found that those who reported higher revenue and who employ others average fewer vacation days than those with lower revenue or those who are the only worker at their business.

In addition, Gallup said, the microbusiness owners who take no vacation time are less satisfied with their standard of living and face more challenges in balancing work and personal lives.

On the bright side, the workload keeps some of those owners energized, with Gallup reporting that those who took no vacation have similar results as those who took vacation when it comes to health, whether or not they have the “ideal” job, and how energized they feel by their work.


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