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It's summer! Do you give your employees paid vacations? No? Well, that's too bad. Luckily, you don't operate your business somewhere in Europe.
The United States may be the second largest economy in the world, but we're definitely the stingiest country for paid vacation days.
If you give your employees paid vacation days, good for you. The law certainly doesn't require you to do so.
The United States is the only developed country that does not legally guarantee its workers any paid vacation days or holidays. Many employers do voluntarily give employees paid vacation days. On average, a U.S. worker receives about 16 paid vacation days and holidays per year. However, 25 percent of American workers do not get any paid vacation days.
Even for workers that do get vacation days, the amount of days given pales in comparison to what workers in Europe get.
In the European Union, every country must guarantee at least of four weeks paid vacations, 20 days, per year. In addition to paid vacation days, most European countries also require paid holidays. Here are the top 3 countries for paid vacation days:
For years, U.S. Representative Alan Grayson has tried to pass a law that would require at least 1 week of paid vacation for all U.S. employees. However, despite several attempts, the bills have languished and died away without any real momentum towards change.
So stop complaining about how much you have to pay your employees. Be happy you're not paying for 24 vacations days per year for all of your employees.
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