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Forty-two percent of workers are living paycheck to paycheck – another reason clients have to help employees wring maximum value from their compensation.
The new mark is down slightly from the 43% who were in this financial state in 2010, CareerBuilder found in a survey of 5,200 workers. This 42% level is at pre-recession levels, indicating that while incremental, household finances are improving.
Lee Barney has been the editor of Money Management Executive since 2002 and has been writing about Wall Street since 1993. Previously, at United Medias Wall Street & Technology magazine and … Read full bio
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For smaller organizations without dedicated human resources staff, routine tasks can mask bigger risks tied to employee disputes, benefits administration, and compliance requirements.
Employees say cost, complexity and relevance are getting in the way of benefits value, according to Prudential's latest research, which outlines what that means for employers.
Women take on the majority of caregiving responsibilities for aging parents, often putting their financial futures at risk.
From medical bills to car repairs, small expenses can create major stress for workers. Employers are responding with new emergency support programs.
Employer-provided home-saving accounts and educational resources can help workers achieve an increasingly elusive milestone in the current affordability crisis.
