Australians are preparing to cash in their leave for holidays

Peter Terlato 21 September 2016

Santa hat beach holiday christmas

One-third of Aussies have four or more weeks leave saved.

More than a third of Australian workers possess four or more weeks annual leave, and with intentions to travel at such high levels it's clear the holiday season isn't too far away.

It's not surprising then that it's beginning to look a lot like Christmas. Well, if we all listened to Perry Como, that'd be true. However, there are a few holes in Santa's stockings.

According to Roy Morgan Research's latest findings, workers owed between four and five weeks leave are most likely to have no holiday plans at all (15.6%).

Employees in the wholesaling and manufacturing industries are most likely to fit this category.

Those with balances of six weeks or more are less likely to take a trip than those with between one and four weeks accrued leave.

Despite this, the overwhelming majority (80%) of workers are planning a trip in the next 12 months.

More than a third (33.9%) of Aussie workers have accrued four or more weeks annual leave, decidedly higher than those with between two and four weeks (25.8%) or less than two weeks (23.4%).

There are even a modest proportion (3%) of workers in possession of 10 or more weeks of annual leave.

Most surprisingly, almost one-fifth (17%) of workers don't know how much annual leave they've accrued.

Don't feel like holidaying? Fear not, you can now take the money instead.

We've devised a great hack to help you turn your 20 days of annual leave into 50 days worth of holidays.

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