American businesspeople are learning what their European counterparts have long known: the benefits of a holiday. In a recent study of 622 executives, the majority said that an annual vacation is essential for good job performance. A surprising 70% said they would turn down a 10% raise if it meant losing a week of paid vacation.
Source: Hyatt
Hotels & Resorts (Chicago), Spreadsheets to Sunshine:
Executives on Vacation.
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In focus: PayrollProviding payroll services that comply with ever-changing regulations and meet evolving employee and employer demands is no easy task. Paychex's Tom Hammond discusses common payroll considerations for CPA firms.