June 1, 2017, 9:00 am EDT
Bank of America Merrill Lynch Study Reveals More Than Half of Employees Experience Financial Stress, Impacting Focus and Productivity at Work
Released today, a new study finds that 56 percent of employees are stressed about their financial situation. The latest Bank of America Merrill Lynch Workplace Benefits Report reveals that among those who are stressed, 53 percent say it interferes with their ability to focus and be productive at work. The study also found that employers can play an important role in improving the financial lives of their employees. Of employees who participate in a retirement savings plan, 67 percent say their employer was influential in getting them to save for retirement.
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