When it comes to 401(k) knowledge, there are varying levels of understanding across the generations: Just 60% of Gen Z knows what a 401(k) is, whereas 72% of millennials, 82% of Gen X, and 95% of boomers do, says a new study.

Many managers polled believe that the demand for seasonal workers in retail and hospitality will increase in the next year.

Employees want assistance with everyday financial concerns like budgeting, as well as financial literacy, employee discount programs and pretax dependent care reimbursement accounts.

"Motivated and committed workers are invaluable to employers, but tracking their state of mind can be challenging," the report says.

Since most (75%) employees worry about the impact of inflation on their ability to save enough for retirement, 71% are more likely to stay with their current employer if offered a retirement savings plan, new Voya research revealed.

Fifty percent of working-age people with disabilities have annual household incomes less than $30,000.

The youngest members of the labor market say inflation has been noted as a major detriment to their finances over the past year as they struggle to pay bills on time, says a Harris poll.

Demonstrating genuine and consistent communications surrounding DEI initiatives can positively impact the working environment for all employees.