2024 State of Employee Financial Wellness Report
Employees are feeling the financial pressure from inflation, higher costs of living and the rise of insurance costs. Now, more than ever, employers believe they have a responsibility to step in to help support the financial well-being of their employees.
Payroll Integrations’ 2024 State of Employee Financial Wellness Report explores financial wellness from the point of view of both employers and employees. The report is based on responses from 250 full-time U.S. employees and company leaders responsible for payroll and benefits to better understand financial wellness and benefit priorities.
![Untitled design (12) Untitled design (12)](https://www.payrollintegrations.com/hubfs/Untitled%20design%20(12).png)
Part 1: The Employer/Employee Divide on Financial Wellness
Finding: Employers feel more responsible for employees’ financial wellness than employees expect them to.
![2024 Employee Financial Wellness Report Insights - 1 2024 Employee Financial Wellness Report Insights - 1](https://www.payrollintegrations.com/hs-fs/hubfs/2024%20Employee%20Financial%20Wellness%20Report%20Insights%20-%201%20.png?width=2000&height=1000&name=2024%20Employee%20Financial%20Wellness%20Report%20Insights%20-%201%20.png)
![How Much do Employees and Employers Feel that Employers are Responsible for Employees’ Financial Well-Being How Much do Employees and Employers Feel that Employers are Responsible for Employees’ Financial Well-Being](https://www.payrollintegrations.com/hs-fs/hubfs/How%20Much%20do%20Employees%20and%20Employers%20Feel%20that%20Employers%20are%20Responsible%20for%20Employees%E2%80%99%20Financial%20Well-Being.png?width=2000&height=1125&name=How%20Much%20do%20Employees%20and%20Employers%20Feel%20that%20Employers%20are%20Responsible%20for%20Employees%E2%80%99%20Financial%20Well-Being.png)
Finding: Employers believe they’re setting employees up for financial wellness –but a majority of employees disagree.
![2024 Employee Financial Wellness Report Insights - 2 (1) 2024 Employee Financial Wellness Report Insights - 2 (1)](https://www.payrollintegrations.com/hs-fs/hubfs/2024%20Employee%20Financial%20Wellness%20Report%20Insights%20-%202%20(1).png?width=1950&height=975&name=2024%20Employee%20Financial%20Wellness%20Report%20Insights%20-%202%20(1).png)
![How Well Do Employees and Employers Feel that Employers are Supporting Employees’ Financial Wellness How Well Do Employees and Employers Feel that Employers are Supporting Employees’ Financial Wellness](https://www.payrollintegrations.com/hs-fs/hubfs/How%20Well%20Do%20Employees%20and%20Employers%20Feel%20that%20Employers%20are%20Supporting%20Employees%E2%80%99%20Financial%20Wellness.png?width=2000&height=1125&name=How%20Well%20Do%20Employees%20and%20Employers%20Feel%20that%20Employers%20are%20Supporting%20Employees%E2%80%99%20Financial%20Wellness.png)
Finding: A majority of employees do not feel financially stable.
![2024 Employee Financial Wellness Report Insights - 3 (2) 2024 Employee Financial Wellness Report Insights - 3 (2)](https://www.payrollintegrations.com/hs-fs/hubfs/2024%20Employee%20Financial%20Wellness%20Report%20Insights%20-%203%20(2).png?width=2000&height=1000&name=2024%20Employee%20Financial%20Wellness%20Report%20Insights%20-%203%20(2).png)
![Dynata Survey Findings .pptx (13) Dynata Survey Findings .pptx (13)](https://www.payrollintegrations.com/hs-fs/hubfs/Dynata%20Survey%20Findings%20.pptx%20(13).png?width=2000&height=1125&name=Dynata%20Survey%20Findings%20.pptx%20(13).png)
Finding: Employers are investing in benefits they find important – but they don’t align with employees’ priorities.
![2024 Employee Financial Wellness Report Insights - 4 2024 Employee Financial Wellness Report Insights - 4](https://www.payrollintegrations.com/hs-fs/hubfs/2024%20Employee%20Financial%20Wellness%20Report%20Insights%20-%204.png?width=2000&height=1000&name=2024%20Employee%20Financial%20Wellness%20Report%20Insights%20-%204.png)
![_What Benefit Areas Do Employers Plan to Invest in More or Add _What Benefit Areas Do Employers Plan to Invest in More or Add](https://www.payrollintegrations.com/hs-fs/hubfs/_What%20Benefit%20Areas%20Do%20Employers%20Plan%20to%20Invest%20in%20More%20or%20Add.png?width=2000&height=1125&name=_What%20Benefit%20Areas%20Do%20Employers%20Plan%20to%20Invest%20in%20More%20or%20Add.png)
Finding: Older generations prioritize healthcare and retirement benefits, while Gen Z employees want employers to prioritize lifestyle benefits.
![2024 Employee Financial Wellness Report Insights - 5-1 2024 Employee Financial Wellness Report Insights - 5-1](https://www.payrollintegrations.com/hs-fs/hubfs/2024%20Employee%20Financial%20Wellness%20Report%20Insights%20-%205-1.png?width=2000&height=1000&name=2024%20Employee%20Financial%20Wellness%20Report%20Insights%20-%205-1.png)
![What Benefits Do Employees Consider Most Important to their Financial Well-Being?_ What Benefits Do Employees Consider Most Important to their Financial Well-Being?_](https://www.payrollintegrations.com/hs-fs/hubfs/What%20Benefits%20Do%20Employees%20Consider%20Most%20Important%20to%20their%20Financial%20Well-Being%3F_.png?width=2000&height=1125&name=What%20Benefits%20Do%20Employees%20Consider%20Most%20Important%20to%20their%20Financial%20Well-Being%3F_.png)
Finding: The benefits employers offer can make or break a prospective employee’s decision to take a job.
![2024 Employee Financial Wellness Report Insights - 6 2024 Employee Financial Wellness Report Insights - 6](https://www.payrollintegrations.com/hs-fs/hubfs/2024%20Employee%20Financial%20Wellness%20Report%20Insights%20-%206.png?width=1950&height=975&name=2024%20Employee%20Financial%20Wellness%20Report%20Insights%20-%206.png)
![What Benefits Would Cause an Employee Not to Accept a Job if Not Offered? What Benefits Would Cause an Employee Not to Accept a Job if Not Offered?](https://www.payrollintegrations.com/hs-fs/hubfs/What%20Benefits%20Would%20Cause%20an%20Employee%20Not%20to%20Accept%20a%20Job%20if%20Not%20Offered%3F.png?width=2000&height=1125&name=What%20Benefits%20Would%20Cause%20an%20Employee%20Not%20to%20Accept%20a%20Job%20if%20Not%20Offered%3F.png)
Finding: Millennials have the highest sense of financial well-being.
![2024 Employee Financial Wellness Report Insights - 6 (1) 2024 Employee Financial Wellness Report Insights - 6 (1)](https://www.payrollintegrations.com/hs-fs/hubfs/2024%20Employee%20Financial%20Wellness%20Report%20Insights%20-%206%20(1).png?width=1950&height=975&name=2024%20Employee%20Financial%20Wellness%20Report%20Insights%20-%206%20(1).png)
![How In control of their fiannces are employees - by age How In control of their fiannces are employees - by age](https://www.payrollintegrations.com/hs-fs/hubfs/How%20In%20control%20of%20their%20fiannces%20are%20employees%20-%20by%20age.png?width=2000&height=1125&name=How%20In%20control%20of%20their%20fiannces%20are%20employees%20-%20by%20age.png)
Methodology
Payroll Integrations’ 2024 State of Employee Financial Wellness Report is based on research conducted by market research firm Dynata, on behalf of Payroll Integrations.
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![Ubiquity](https://www.payrollintegrations.com/hs-fs/hubfs/Ubiquity%20Retirement.png?width=380&height=291&name=Ubiquity%20Retirement.png)
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![Human Interest-1](https://www.payrollintegrations.com/hs-fs/hubfs/Human%20Interest-1.png?width=800&height=245&name=Human%20Interest-1.png)
![BEON Retirement](https://www.payrollintegrations.com/hs-fs/hubfs/BEON%20Retirement.png?width=720&height=720&name=BEON%20Retirement.png)
![ktrade-1](https://www.payrollintegrations.com/hs-fs/hubfs/ktrade-1.png?width=1000&height=760&name=ktrade-1.png)
![OneAmerica](https://www.payrollintegrations.com/hs-fs/hubfs/OneAmerica%20Logo.png?width=600&height=263&name=OneAmerica%20Logo.png)
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