Many American workers feel a six-figure salary is less valuable due to rising living costs. A SmartAsset study shows that factors like location make $100,000 only equivalent to $36,000 in cities like San Francisco. In the past year, many employees, over 60%, received pay raises or found better-paying jobs. Gen Z, although financially ambitious—expecting to earn significantly high salaries by age 30—still rely on parents, with 51% believing money equals happiness.
Aficionado, who believes money is vital to happiness—51% of Gen Z Americans agree with this, highlighting their ambitious financial aspirations despite relying on parental support.
Despite living in expensive cities where a six-figure salary does not yield the same comfort as before, over 60% of workers sought pay increases within a year.
Collection
[
|
...
]