So, should you extend the length of your holiday this year?

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Given that it's going to be a) a hot summer, b) in which there's not necessarily a huge amount of work to do, and c) things are getting better so additional redundancies are less likely, is now the time to extend the length of your holiday?

It emerged yesterday that Stephen Hester has negotiated a generous seven weeks' annual leave at RBS.

Separately, the Financial Times is said to be encouraging staff to take an extra month's holiday on 30% of their pay.

And Max Teichler, managing director for Germany at international insurance intermediary Willis, is using his company's offer of taking two months' off at 50% of salary to travel around Iceland in a camper van with his family.

Should you be doing something similar?

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