In many ways, this year is unlike any other. Seven months into the pandemic, millions of employees are still struggling to get their footing in this new way of life. At the same time, many feel more anxious than ever about their financial health, with recent research showing that many Americans feel more financial stress now than they did before COVID-19.
For this reason, many U.S. employees are placing greater emphasis on the decisions that impact their financial health this year, like the benefits election process, with nearly half (48%) of employees stating that open enrollment is more important this year than it was in 2019, according to MetLife’s 2020 open enrollment survey.
