To Vacation or Not?

Paid vacations can be tricky. They give employees a much-needed respite from the grind, yet lately many are hesitant to utilize them to their full extent. According to a recent survey conducted by GfK in conjunction with Project Time Off, while there has been a slight uptick in recent years, 54% of full-time employees still ended 2016 with unused paid time off. Millennials, who job hop more regularly and thus know how easy it can be to be replaced, are even less likely to take vacations. A whopping 43% of “work martyrs”, aka people who sacrifice time off to keep working, are millennials. Read more at the ladders. Thank you!

The Female vs. Male Income Dynamic

A new National Bureau of Economic Research working paper finds that men’s incomes are falling, while women’s incomes are rising. An analysis of age cohorts in the United States finds, according to NBER’s August research digest, that the median male who turned 55 in 2013 earned $136,400 less in lifetime income — measured in constant 2013 dollars — than a man of the same age 16 years earlier. Here is some great intel sponsored by the ladders. Thank you!