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Featured Advisor

Srbo Radisavljevic
Managing Principal/Investment Advisor

Edge Portfolio Management


State: IL

At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, following Chicago sports, enjoying ethnic cooking, and serving as a school board member for Norridge School District 80.

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Are You Taking All of Your Vacation Days?

Japanese and Italians are the most dedicated workers: Survey

| BY Donald Liebenson

"Don't take vacations,” Donald Trump tweeted Monday, quoting himself (from “Think Like a Billionaire”). “What's the point? If you're not enjoying your work, you're in the wrong job."

That attitude may fly in Japan, where the Japanese are expected to take just five of their 13 allotted vacation days, according to a new Expedia Vacation Deprivation study.  Italians, too, leave eight vacation days on the tableSouth Koreans are of a kindred work ethic, taking seven out of 10 vacation days.

In comparison, Brazilian, British, Candadian, Danish, French, Norweigian, Singaporean, Spanish and Swedish workers take every single vacation day to which they are entitled, the survey found.

Expedia’s Vacation Deprivation study is an annual global analysis of vacation habits. This year’s study polled 8,687 employed adults in North America, Europe, Asia, South America and Australia. This is the 12th year of the study, which branch out from its American focus to include countries around the world. This year’s survey comprises an unprecedented 22.

American workers have an admirable work ethic when it comes to their vacation days. They take 10 days each out of their allotted 12. This represents a net loss of two vacation days from 2011, when Americans reported taking 12 out of 14 vacation days.

Europeans, the survey found, “treat vacation as a duty rather than a perk." Most European workers have between 25 and 30 days of vacation time each year, and in France and Spain, they take full advantage, as do Brazilian workers. Germans take 28 of a possible 30 days off, while British, Norwegian and Swedish workers take all 25 they are offered,

Monetary worries are keeping workers in the U.S., UK, Canada, Japan and Ireland on the job. The most cited-reason they give for not using all their vacation days is because they cannot afford to take their entire vacation balance.

Which country’s workers are most likely to bring the office with them on vacation? Two-thirds of Brazilians claim they “regularly” check in at the office. Nearly the same percentage (62 percent) of Germans claim that vacation is vacation and work is work, and never the twain shall meet. American workers are split on the question, with 34 percent saying they check in with work while on vacation, while 34 percent “sometimes” check in, and 32 percent never do.

And what is the most popular vacation destination? For 18 out of 22 countries, the survey says: the Beach.

About the Author

Donald Liebenson

Donald Liebenson writes news and features for Millionaire Corner. He has been published in the Chicago Tribune, The Chicago Sun-Times, The Los Angeles Times, Fiscal Times, Entertainment Weekly, Huffington Post, and other outlets. He has also served as a marketing writer for Chicago-based Questar Entertainment and distributor Baker & Taylor.  

A graduate of the University of Southern California, he is married with a college-age son. He also writes extensively about entertainment.