coins arranged in upward moving bar chart with arrow (Photo: Shutterstock)

It seems like we’re hearing more every day about inflation. We are all feeling the squeeze—and rising costs ripple to touch so many areas of our lives, including the workplace.

Workers are struggling to cover everyday expenses, handle debt, and save for the future, according to AARP’s Financial Security Trends Survey. And almost one quarter say their finances are in worse shape than a year ago because of rising prices, while 78% are worried about prices spiking faster than their income.

 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.