63% of workers unable to pay a $500 emergency expense, survey finds. How employers may help change that
www.cnbc.com
High inflation continues to add financial stress to workers' budgets. Experts say new benefits to provide emergency savings plans may help.
  • SCB@lemmy.world
    8·
    2 years ago

    Paying higher wages doesn’t get people to start bank accounts, much less retirement accounts.

    Many people on the poorer end of the spectrum literally hide money in their walls/mattresses rather than get bank accounts - I know many of these people firsthand.