Fears over redundancies are causing an increasing number of mangers in the UK to forego a summer holiday, it has been suggested.
According to a survey conducted by the Chartered Management Institute (CMI), many senior executives have postponed their breaks, while a significant number of those who do go away continue to work anyway.
Just over a third of such people identify heavy workloads as the main factor preventing them from taking a vacation, while 23 per cent reported they intend to use holiday time to develop skills designed to make them "recession proof".
"There is clearly a fear that ‘out of sight means out of mind’, but without a proper break individual performance can suffer and employers will notice mistakes more than they will absence through holiday," stated Jo Causon, director of marketing and corporate affairs at the CMI.
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Established over 50 years ago, the CMI is a professional body for management and claims to have more than 70,000 individual members.
