Abandoned Quote by B. C. Forbes
“Vacations for wage earners have proved both popular with workers and profitable for employers. Unfortunately, the majority of large employers have not yet followed the example set by a number of progressive corporations. I don't know of a single company that has abandoned vacations for wage earners after having tried the experiment. But I do know many that are delighted with the fruits they have gathered. Under some of the plans vacations with pay must be earned by good behavior, punctuality, etc… The best results have come where the treatment has been regarded as most liberal.”
About This Quote
Source Article: Business Practices on Paid Vacation, 1970s
Paid vacation boosts employee morale and profitability, yet many large firms resist adopting liberal policies.
In simple terms: Paid leave benefits workers and companies, but many big firms avoid it.
Advocate generous paid leave.
Themes
Mood
Type
When to use this quote
- HR policy design
- employee retention
- company profitability
- labor negotiations
Key Concepts
Questions to Reflect On
- How can companies measure the ROI of generous vacation policies?
- What safeguards prevent misuse while maintaining benefits?
Large firms may fear cost or abuse of generous leave policies.