« Yellowstone National Park makes economics fun! | Main | Mud-Hut Housing Bubble »
July 9, 2009
Take a Vacation!
By Cindy Ivanac-Lillig
I hope you are all enjoying your summer and busy planning a vacation! In the spirit of my first week of vacation this year, I thought I would post something regarding the relationship of vacations and productivity. Here is a good article in Business Week on the topic: " Do Us a Favor, Take a Vacation." The article points out how workplaces benefit from recharged employees.
If you are interested in something a bit more progressive on the topic, check out this blog. In our boundary-pushing, creative companies such as Netflix, they have instituted a "no-vacation" policy, meaning that you can take as much vacation as you would like assuming that you meet your project deadlines. Google is allowing 20% of engineers' time to be spent on their own pet projects. Best Buy is considering instituting a completely flexible time arrangement with hourly employees!
What do you all think? Does the U.S. dominate in productivity per worker because, as the first article points out, we rarely take all our vacation, or do we dominate in productivity because of the type of innovation that the second blog describes?
Posted by Cindy at July 9, 2009 7:36 PM
Trackback Pings
TrackBack URL for this entry:
http://www.chicagofedblogs.org/cgi-bin/mt/mt-t.cgi/60
Comments
Post a comment
Commenting Policy:
All comments and links posted to FRBC blogs are reviewed. The Federal Reserve reserves the right to protect against spam, off-topic and profane comments and links; any such comments or links will be deleted and the domain address of the poster blocked.