Years ago, I had the pleasure of visiting with a wise family business owner/operator named Tom Gulliford. He shared with me his unusual philosophy about vacation time: all employees must take a minimum of two weeks’ vacation whenever they take time off. His reasoning was that anything less than two weeks did not allow the employee to truly get away from work… which was the entire purpose of vacation in the first place!
Mr. Gulliford’s intuition has since been supported by many researchers. (Click here for a summary of these studies.) We now know of the many harmful consequences of work/life imbalance.
The constant pressures of business competition often compel companies and their employees to work ever-longer hours, so there’s no easy solution to this problem. Family businesses, though, can lead the charge. I say this because changing our perspective on long work hours requires a long-term perspective. While an examination of a particular moment may lead one to continue working, a longer term perspective will make it clear that occasional breaks are required. As is often said, “It’s a marathon, not a sprint.”
And, who is better positioned to take a long-term perspective than family businesses? These companies – many of whom have lengthy histories – measure time not in hours or days. but in generations. This perspective allows family businesses to see an extended vacation not as a short term loss, but instead as an investment in the long term… an investment in the individual and an investment in the business.
Whether it’s taking the “Gulliford Approach” of minimum vacation time or some other strategy, how is it that your family business manages that long term investment of employee work/life balance?