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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

2

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
LinkedIn

This Is What LinkedIn Employees Consider Their ‘Most Prized Benefit’

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Joseph Hincks
Joseph Hincks
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By
Joseph Hincks
Joseph Hincks
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December 29, 2016, 4:38 AM ET
LinkedIn Files For Initial Public Offering, Seeks $175 Million
Krista Canfield, senior public relations manager for LinkedIn Corp., walks into an office at company headquarters in Mountain View, California, U.S., on Thursday, Jan. 27, 2011. LinkedIn Corp., the largest networking website for professionals, said it plans to raise as much as $175 million in an initial public offering. Photographer: David Paul Morris/Bloomberg via Getty ImagesPaul Morris—Bloomberg via Getty Images
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LinkedIn (LNKD) shuts down for two full weeks every year, the online professional network’s vice president Nina McQueen wrote in an op ed published by Business Insider on Wednesday.

And the reason: to prevent employees burning out due to skipped or half-hearted holidays.

Earlier this month, CNN Money reported that half of Americans aren’t using all of their vacation days, with a median of seven days being left on the table.

Vacation time “allows us to better ourselves and come back to work recharged and refreshed,” writes McQueen. But because businesses keep running while employees are on vacation many avoid going away only to face to a massive backlog when they return.

According to U.S-based advocacy group Project: Time Off some 37% of U.S. workers say they don’t take their allotted vacations out of fear of the workload that will amass in their absense. And those that do take their holidays are not switching off entirely: four out of five employees stay connected to their smartphones during vacations, Project: Time Off found.

McQueen writes that LinkedIn started its company-wide paid December shutdowns a couple of years ago to counter the problems of untaken holiday—since then, they’ve reportedly become LinkedIn employees’ “most prized benefit.”

For more on LinkedIn, watch Fortune’s video:

So LinkedIn, it appears, has come up with a solution to prevent workers from staying plugged into the office while they’re supposed to be on vacation. But what about those who go on vacation while they’re supposed to be at work?

A separate study of British workers carried out by a Danish startup that collects employee data found that 54% of U.K. workers mentally check out for the holidays by Dec. 16. In the case of millennials, the study found, around 60% were guilty of pre-vacation slacking.

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