woman at desk with face in hands (Photo: Shutterstock)

Inflation is finally beginning to ease, but it’s already hurt worker’s wallets. A new analysis from the Employee Benefits Research Institute shows that workers’ financial fears rose significantly between 2021 and 2022, leaving employees feeling unprepared for retirement and unexpected costs.

The analysis, published in the EBRI’s weekly Fast Facts column, uses data from their 2022 Workplace Wellness Survey. Among the key findings are that financial worries have risen: in 2022, 34% of employees rated themselves as highly concerned about their household’s financial well-being, while 26% reported they were moderately concerned. In comparison, in 2021 those figures sat at 29% and 20%. The shifts mean only 40% of people in 2022 rated their concern as low, compared to more than half of workers in 2021.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?


BenefitsPro Broker ExpoEvent

BenefitsPro Broker Expo will help attendees prepare for new issues, embrace new challenges and find new solutions.

Get More Information


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.