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“Survey Finds Growing Interest in ‘Micro-Retirements’ Among Employees”

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A recent survey of 2,000 employees has shown that many are considering taking an extended break from work, with about one-third contemplating leave lasting one to three months. Over 30% believe their employers would be open to the idea, and a significant 64% think sabbaticals should be a standard workplace benefit.

The study revealed that 40% of participants desire a ‘micro-retirement’ to focus on mental well-being, while nearly half would use the time for increased travel and 41% to spend more time with family. The shift in mindset post-pandemic, as noted by Michael Edwards, Managing Director at Explore Worldwide, has led to more people wanting to seize the day and fulfill bucket list experiences sooner rather than later.

A significant insight from the survey was that 26% of individuals have already taken a sabbatical, with a higher percentage among Gen Z compared to Boomers. Those who traveled during their break explored various regions, with Europe being the top destination followed by Australia, North America, Asia, and South America. The experiences during the break left 84% feeling positive about returning to work and 96% with a renewed sense of purpose.

Despite the positive outcomes, financial constraints remain a significant obstacle to taking a ‘micro-retirement,’ as indicated by 26% of respondents. Concerns about employer support and family responsibilities were also highlighted as barriers. Michael Edwards emphasized the importance of micro-retirements for resetting and gaining perspective, stating a growing interest in experiencing these moments throughout life rather than waiting for retirement age.

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