Experience Stern | News & Events

Excerpt from CNBC -- "The decline of the vacation day can be chalked up to the bad economy and rapid changes in the structure of the workforce, said Anat Lechner, a clinical associate professor of management and organizations at New York University's Stern School of Business. 'I think it's pure fear,' she said. 'And there's a very good reason for that.' The changes in the workforce have made many workers afraid that taking vacation days will make them vulnerable. 'Can they do without me?' workers might ask. Other factors are likely in play, she said. 'I'm not sure people can afford to go on vacations,' she said referring to the Staycation trend."

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