With inflation outpacing salary gains, employers are feeling more responsible for employees’ financial wellness—97 percent of employers said so this year, up from 95 percent in 2021.
FEATURED RESOURCE PAGE
Working Through an Unstable Economy
Working Through
an Unstable Economy
The finding is from a nationwide survey of employees and employers, with the results presented in Bank of America’s 2022 Navigating a New Era of Financial Wellness report.
The researchers drew on a recent survey of 834 full-time employees who participate in 401(k) plans and 846 employers that offer 401(k) plans and have sole or shared responsibility for decisions made in the plan.