follow us:Google+ FacebookLinkedInTwitterRSS Feeds

advertisement

Survey: Can microbusiness owners afford vacation time?

By

Back to Top Comments Email Print

Latest News

advertisement

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.

ALSO ON NJBIZ:

Sealed Air moving HQ, hundreds of jobs to N.C.

Two N.J. colleges get top marks in world rankings

Which N.J. city was Forbes’ worst for business?

Share This Story On:
Eric Strauss

Eric Strauss

Eric Strauss is the digital content editor for NJBIZ. He has been a reporter and editor for newspapers in New Jersey and Pennsylvania, as well as for a number of websites. You can contact him at erics@njbiz.com or @acerimrat on Twitter.

advertisement

Comments


Be the first to comment.



Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
     View Comment Policy

Advanced search
Sponsored by
advertisement
  
  
advertisement
  
  
advertisement
Back to Top