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62% Of Workers Are Experiencing Financial-Related Stress

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A new survey confirms what experts have been warning about: pay is not keeping up with the cost of living. According to a Bank of America-sponsored survey, a whopping 71% of employees say that their wages have not kept up with the pace of inflation in July, up from the 58% who said so in February. . seen in June.

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Money Remains a Top Stressor for U.S. Adults—Here Are Some Tips to Better Manage Stress (and Finances)

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“I would lie there and catalog the things I had bought over the years that now made absolutely no sense to me: that luxury car lease, that tech gadget, that suit, that watch, that ridiculously expensive bottle of wine.” (And Money and Stress in America. For years money has been a leading cause of stress for most Americans.

Stress 264
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Many Employees Literally Cannot Afford To Return To The Office And Employers Are Considering Picking Up The Tab

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Inflation is at a 41-year high and soaring gas prices are taking a toll across the country, with hourly workers bearing the brunt of these challenges — 81% reported that record gas prices have made it hard to pay other expenses. . In May 2021, commuter expenses accounted for only.23% 23% of all claims.

2022 246
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How Financial Wellness Programs Can Benefit Employees and Employers

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Human resource leaders have observed cash-strapped employees reducing retirement contributions and talking about how money-related stress has negatively affected their work lives, according to a 2022 financial benefits study conducted by Morgan Stanley at Work. Amid high inflation the need for such benefits has become even more apparent.

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Optimizing the Hybrid Work Landscape for Tasks to Do at Home

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Office presence should be for a compelling purpose that surpasses the notable expenses, in terms of time, finances, and stress associated with commuting. A Hubble survey demonstrated that 79% of participants enjoyed the absence of commuting, making it the top-rated advantage of working from home.

Expenses 162
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Welcome To The Age Of Polyworking: The Multi-Job Revolution Led By Gen Z

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In order to keep up with everyday expenses, workers are having to find quick solutions, and having multiple jobs and side hustles seems to be one of the most popular options. Research has shown that polyworkers are more likely to feel burned out, stressed, and uninspired.

2021 221
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How to Create a Budget: 6 Steps to Get You on the Path to Financial Security

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We all know expenses exist, but the numbers keep adding up—rent, water, trash, electricity, cable, Internet, car insurance, renter’s insurance, gas, cell phone. According to a Gallup survey , only one in three Americans prepares a detailed household budget. Check out your expenses from last month and then categorize each transaction.

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