Time off pays off

The gift of time off just may be the best company perk yet. At least, Rolando Alvarez thinks so. The associate at Price-waterhouseCoopers LLP in Dallas was a bit shocked when he learned that his company was giving him – and everyone else in the firm across the country — ten consecutive days off over the December holidays. “It really caught me off guard,” said Alvarez, recalling a companywide e-mail in mid-October explaining the end-of-the-year perk. “I work for the best company ever.” The need to balance personal priorities — family, community and leisure activities — with daily workplace demands is stronger today than ever before. That’s especially true of younger workers.

Alvarez is among a generation of under-40 employees who have come to expect more from their employers. The problem is, they don’t always get it. “Generation X and Y want it all, and companies are starting to realise they need to listen,” said Jim Bird, president and founder of WorkLifeBalance.com, a training and workplace development firm. “Companies need to realise that work-life balance is not a problem to be solved; it’s an ongoing issue that needs to be managed.” A recent survey from staffing and recruiting firm Spherion Corp indicates that many employers aren’t taking the steps necessary to retain existing employees or attract top talent. According to the study, one-third of workers ages 25 to 39 feel burned out by their jobs, and 28 percent of all workers say their employers expect them to stay connected to the office outside normal office hours.

One of the biggest disconnects between employers and employees, the survey found, is the importance workers place on their ability to maintain balance between their professional and private lives. “There is no question that companies more and more are realising that work-life balance and worker-retention type of programmes create good culture and are important,” said John A. Challenger, chief executive of outplacement firm Challenger, Gray & Christmas. “Unfortunately, not every company out there is doing it.” But some consistently step up, including PricewaterhouseCoopers, which has been rated among the top companies for working mothers, diversity and overall workplace.

“Happier employees mean happier service,” said Lisa Ong, the company’s diversity leader in Dallas. “Let them have the time off. Let them come back in January recharged.” “Holidays usually don’t increase, as they are traditionally pretty fixed,” said Suzanne Zagata-Meraz, spokeswoman for Hewitt Associates, an employee benefits consulting firm. “Where you might see fluctuations would be on personal days.” Maybe so, but between the eggnog lattes and gift exchanges, the distractions at work tend to multiply as the winter holidays approach. So do the demands at home. “If you think about employee productivity on a day-to-day basis, so much of their productivity is going to be based on how do they feel that day,” said Henry Marsh, a facilitator for Southern Methodist University’s Cox School of Business Leadership Center. “Personal issues get brought into the office, no matter how hard you try to keep them out.” The good news is that some people pick up the slack – 23 percent of managers surveyed said they believe workers are more productive during these times.