Workers Worry…

May 2001
Journal of Financial Planning;May2001, Vol. 14 Issue 5, p25
Academic Journal
This article discusses a survey commissioned by the Principal Financial Group, on the financial worries of workers at small and mid-sized businesses as of May 2001. It was found that 74 percent are very concerned about their financial future but only 21 percent believe their employer shares their concern. Surveys results show that at least once a month, 60 percent think about long-range financial issues, such as retirement, funding their children's education or their health. 75 percent say a good benefits package would keep them at their current company, and 67 percent said they would work harder and perform better due to such packages. 34 percent said their company needs to improve health insurance benefits and 15 percent wanted better 401(k) plans.


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