Public Sector Employee Financial Wellness Program Needs and Preferences
As inflation and economic turmoil linger, a new report from MissionSquare Research Institute finds 88% of public service employees are worried about their finances and financial decisions. Among those who worry, 77% report doing so while at work, an increase from 66% in 2019.
The research also finds 40% of public service workers report that their employer offers a financial literacy or financial education program, up from 29% in 2019. Among those offered a financial literacy program by their employer, only 35% have participated in the program. However, 67% of those not offered or not participating in an employer-provided financial education program indicate they would likely participate in the near future or if offered one.
These findings are detailed in a new research report, Public Sector Employee Financial Wellness Program Needs and Preferences: 2022 Survey Results. Read the research or the related infographic, or click below to watch the related webinar.