Japan is ranked number one, says Expedia India
It is all work and no play for Indians who have moved up a notch higher in the list of the most vacation deprived nation. A study by Expedia shows India has the fourth most vacation deprived nation. Japan is ranked number one.
According to the study, the bosses in India have softened their stance on leave . But, the median number of leave granted has dropped significantly from 25 in 2011 to 20 this year. "Indians still rank second globally in the number of people logging in during vacation with 47% checking regularly and 39% checking sometimes. These trends indicate the increasing levels of stress and further highlight the importance of a good break," said Manmeet Ahluwalia, Marketing Head, Expedia India.
Main reason why Indians could not utilise their vacation days was because they were either accumulating their leave in exchange for money or they could not coordinate schedules with their travel partner. While superiors in Italy were the least supportive, bosses in Brazil topped the chart with 83% of them backing their employee’s holiday plans.
The study also revealed that India has the second highest number of bosses that approve of vacation at 76 per cent. Within India, Delhi bosses turned out to be the most supportive of their employees taking leave at 81% followed by Mumbai and South India both at 74%, as per the study.
Expedia survey also said that people in India traveled with friends most at 41%, more than their counterparts in other countries while a large number ( 58%) traveled with family.
Harris Interactive fielded the online survey on behalf of Expedia between September 13 and October 12, 2012 among a global cross-section of 8,687 employed adults aged over 16 in 22 countries, including 602 in India.
Reserve Bank of India today said it there is no need to explain the monetary policy and it stands by monetary policy statement.
This, as the industry is still struggling with sluggish demand