In today’s workforce, nothing is off limits when it comes to the support employees are looking for to improve their financial situation.
Forty-one percent of employees are currently living paycheck-to-paycheck, according to Willis Towers Watson, an increase from a pre-pandemic level of 38%. Without any extra funds at the end of the month, 75% of employees report money stress, with their top concerns being an inability to save for retirement, as well as challenges paying off debt and building an emergency fund, research from SoFi at Work found.
