The 2024 Financial Wellness in the Workplace Report reveals that financial stress is escalating among workers, particularly Gen Z, with significant implications for employers.
A staggering 78% of U.S. employers acknowledge that their workforce is financially stressed, marking a rise from the 71% reported last year.
Distinct financial priorities emerge across generations; while Gen Z focuses on credit ratings, older generations emphasize retirement savings, underscoring diverse financial wellness needs.
Employers must recognize that benefits play a crucial role in worker retention, with 92% of Gen Z willing to stay for enhanced financial wellness offerings.
#financial-wellness #workplace-stress #multigenerational-workforce #employee-benefits #financial-planning
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