Are employees relying on employers to solve financial problems?

Employees who are financially stressed and working out of economic necessity can negatively impact workplace productivity.

Workers are planning to remain in the workforce longer, and many are counting on their employers to help them solve their financial challenges through increased pay and better employee benefits. Due in large part to uncertainty and a lack of savings, over half of today’s employees plan to work until age 65 and beyond.

ADP® Retirement Services commissioned Retirement Insights LLC to conduct a study to better understand employee retirement preparations and outlook. Some findings:
  • Over half of employees save less than $5,000 per year for their retirement
  • Many believe their employer can help solve their financial difficulties through increased compensation and better benefits
Sponsored by
I agree to share the above data with ISS and the whitepaper’s sponsor(s) for the purpose of registering for this whitepaper. I understand I may be contacted by ISS or the sponsor(s) in the future. Any emails sent by ISS will include the option to opt out of future communications. Further information is set out in the Privacy Policy of this site.

Subscribe to receive our latest news! (optional)

Subscribe to our daily newsletter for the latest industry news and in-depth reporting