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I think there was actually a harvard business review study or something that proved this accurate. It saves the corporation money, and actually makes people take less time off.

Either because the 'forcing mechanism of use it or lose it' is gone OR the social pressure like you mentioned.

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Yes, I recall reading the same thing many years ago too. IIRC the results were specific to the United States and it was posited that this might be due to differences in US employees views towards work. We tend to overwork ourselves whereas some of our EU or non-US counterparts don't do that as much.

Yes totally fair as well.

Other countries also have rules for things like "every employee must be able to see a window" and whatnot.

Is it only me (I am in MSFT) or does it force some people into board-game resources mindset instead? I have a bunch of accumulated vacation that will now be paid out, cause I would let it accumulate before when I didn't need it - it just sits there after all. I don't really need a little more money, but I do value extra time. Now I feel like someone is going to play captain in Puerto Rico and burn my stuff - I have to use it or it's gone, so I'm going to track it myself and make sure to try to take my N days ;)

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