Discover your dream Career
For Recruiters

So, should you extend the length of your holiday this year?

Given that it's going to be a) a hot summer, b) in which there's not necessarily a huge amount of work to do, and c) things are getting better so additional redundancies are less likely, is now the time to extend the length of your holiday?

It emerged yesterday that Stephen Hester has negotiated a generous seven weeks' annual leave at RBS.

Separately, the Financial Times is said to be encouraging staff to take an extra month's holiday on 30% of their pay.

And Max Teichler, managing director for Germany at international insurance intermediary Willis, is using his company's offer of taking two months' off at 50% of salary to travel around Iceland in a camper van with his family.

Should you be doing something similar?

author-card-avatar
AUTHORAnonymous Insider Comment
  • Ta
    Take Risks!
    24 June 2009

    Take it with caution. If the company can spare you for 2 months and don't miss you during that time, they are also likely conclude that they can manage without you for an entire year or the next fifty....

  • Bo
    Boring
    24 June 2009

    Middle Spread-ZZZZZZZZZZZ

  • Mi
    Middle Spread
    24 June 2009

    There is a culture in the UK that is all work work work (and reward reward reward) which is fair enough. As long as folk in the UK don't make the mistake of thinking that this is the only way to work. Everyone in Europe and much of APAC have a far better Life Work balance. I know what I prefer, and apparently other senior staff too.

    It should not be necessary, once you have reached to a level of work above processing that you are not required to be there every day, steady hand at the tiller and all that.

  • op
    optimist
    24 June 2009

    I'd take 50% pay for as long as they'd offer it, beats working by a long way

  • Si
    S is considerably fast.
    23 June 2009

    Dont fancy your chances at all.

    Other unemployed reprobates will inevitably beat you to the jobs on offer due to their iPhone S's.

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.