Have job, will travel: Workers willing to accept lower pay for more holidays

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When it comes to ensuring they have ample holiday, it seems British workers are willing to sacrifice a lot, even accepting lower pay.

According to a recent survey, one in three people would take a pay cut in order to secure more holidays and achieve that elusive work-life balance.

Younger employees are the most likely to swap pay for time off, with two out of five 16 to 24-year-olds in favour of the idea.

Work-life balance: One third of people would accept less pay for more holiday

And staff in human resources and finance departments are also particularly keen on the idea, the research discovered.

Zain Wadee, managing director of recruitment agency Hyphen, said: 'Even in today's challenging economic environment, with the cost of living growing faster than salaries are increasing, workers are looking for more holiday time, and greater work-life balance.

'It is important to note that Generation Y and the Net Generation are particularly vocal about their desire for additional leave allocation.

'This may be indicative of a future shift in workplace culture, with workers beginning to demand and value greater work-life balance than ever before.'

Hyphen said workers are more prepared to sacrifice pay for holidays because of their longer working hours and rising levels of stress.

The survey comes just weeks after it was revealed that English workers receive the least number of paid and public holidays in Europe.

Workers in England get a minimum of just 28 days leave, compared to residents in Sweden and Portugal, who are given the most, with 39 days, according to the research by Hotels.com.

Britons also work the longest hours in Europe, with the latest figures suggesting employees have put in more than 23 billion of unpaid overtime this year.

Around five million people work an average of seven hours 24 minutes without pay every week, worth 4,500 a year in extra pay, according to the TUC.


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