Paycom Study Unveils Surprising Summer Vacation Request Trends Among U.S. Employees

Paycom Data Reveals Surprising Trends in Employee Summer Vacation Habits OKLAHOMA CITY—(BUSINESS WIRE)—Paycom Software, Inc. (NYSE: PAYC), a prominent provider of cloud-based human capital management software, has unveiled new trends in employees' summer time-off habits. The company's data shows that nearly one-quarter of employees do not formally submit their vacation requests until the day they leave or weeks after their trips. This behavior can be partly attributed to unclear time-off policies and inconsistent enforcement within organizations. According to a 2023 Paycom study, approximately one-third of employees find it difficult to understand their company's time-off rules, which can discourage timely and accurate submissions. The consequences of delayed time-off requests extend beyond just the administrative headache. They can lead to pay errors, data discrepancies, and accrual mistakes, as well as immediate issues such as inadequate staffing and disruptions in business continuity. "Undermanaged time-off processes often result in understaffing or productivity slowdowns during peak vacation seasons," said Tiffany McGowen, senior executive vice president of HR and talent acquisition at Paycom. "To mitigate these challenges, organizations need accessible, efficient, and consistent time-off systems that support both business operations and employee satisfaction." Preparing for the Summer Vacation Surge As businesses brace for an anticipated 40% increase in time-off requests during the upcoming summer season, the importance of effective time-off management systems cannot be overstated. Independence Day is particularly problematic, with 326% more requests on July 5, 2024, compared to the average day. To help organizations navigate this surge, Paycom offers the following recommendations: Automate Time-Off Processes: Utilize tools like Paycom’s GONE® (Get One Now Empowered) feature to automate time-off requests. This tool automatically approves or denies requests based on predefined criteria, ensuring consistency and transparency. Clarify Policies: Provide clear and concise time-off policies that are easily accessible to all employees. This reduces confusion and encourages compliance. Enhance Communication: Keep employees informed about the availability of time off and any specific procedures for requesting it during high-demand periods. Streamline Submissions: Allow employees to submit time-off requests via mobile devices, making the process more convenient and reducing delays. Paycom’s Time-Off Requests feature, powered by GONE®, automates traditionally undermanaged processes. The system integrates a company's time-off policies, offering real-time approval or denial of requests, which enhances the employee experience by removing friction. Employees can manage their time off from their smartphones at any time, ensuring that requests are handled promptly and accurately. More About Paycom’s Time-Off Management Solutions For additional insights into Paycom's time-off management solutions, visit https://www.paycom.com/software/time-off-requests/. Methodology The data analyzed comes from a segment of Paycom's client workforce that submitted time-off requests through Paycom’s Time-Off Requests tool in 2023 and 2024. These requests include both paid and unpaid time off exceeding six hours, made by full- or part-time U.S.-based employees. The dataset excludes family leave, jury duty, sick days, and company holidays. About Paycom For over 25 years, Paycom Software, Inc. (NYSE: PAYC) has simplified business operations and enhanced employee experiences with user-friendly HR and payroll technology. Paycom’s employee-centric approach ensures transparency and empowers individuals through direct access to their HR data. The company's comprehensive suite, from onboarding and benefits enrollment to talent management, leverages full-solution automation to streamline processes and boost efficiency. Paycom’s single database consolidates all HR and payroll information, eliminating the errors and inefficiencies associated with integrating multiple systems. Recognized for its cutting-edge technology and positive workplace culture, Paycom serves businesses of various sizes in the U.S. and internationally.