A troubling new study reveals that the majority of employees are not using all of their paid time off (PTO), costing them and their employers.

With the number of potential employee benefits rising swiftly, employers face tough choices, deciding which perks provide the highest value.

As the white-hot labor market of the past few years shows signs of cooling down, pay raises for U.S. workers in 2025 are projected to be slower than recent trends. Still, most employers will give salary bumps above the 3% threshold that has become the norm in the pre-pandemic economy.