Shifting views of travel and big life plans could change how you hire people

"According to a new survey, one result of the pandemic aftershocks in the workforce is a sharp rise in how much people want to take time off to travel. Younger Americans are so keen to vacation, in fact, that they're putting off big life decisions and even going into debt. Not only could this shift in priorities affect your business if you're trying to attract young customers, but it may change how you think about your own staff's working hours."

"The data comes from a new survey of a thousand Americans by financial services company Empower, Fortune reports. Headline numbers from the report are that over 90 percent of people are planning domestic travel this year. Plus 33 percent have said they're not going to wait until retirement to "see the world"-they're doing it now, instead. And when it comes to money, 47 percent of people said they would spend more on travel this year than last."

"While the vast majority of workers, 61 percent, said they plan to travel in the summer, 34 percent said they will travel in out-of-season time, and 24 percent said they'd travel for birthdays-these last are both types of trip that are likely to impact their regular work schedule, since they don't revolve around typical vacation times. In particular, Gen-Z staff, at 28 percent, said they were more likely than older generations to travel for their birthdays,"

Pandemic aftereffects have shifted priorities toward travel, with over 90 percent planning domestic trips and 33 percent choosing to travel now rather than waiting for retirement. Nearly half of respondents intend to spend more on travel this year, and one in five Millennial workers are postponing major purchases, such as a home, to fund travel. Travel timing choices include 61 percent in summer, 34 percent off-season, and 24 percent for birthdays, which may disrupt regular schedules. Gen-Z shows higher spontaneity: 28 percent travel for birthdays and about a quarter plan trips four weeks or less ahead, increasing unscheduled time-off requests.

Read at Fast Company