Nearly half of US employees lack emergency savings

The Asset Funders Network’s new report, “When A Job Is Not Enough: Employee Financial Wellness and the Role of Philanthropy,” delves into the financial hardships and stresses experienced by workers across the nation. According to the report:

• Nearly half of employees lack emergency savings, and find it difficult to cover their expenses and pay their bills;

• More than 50% of employees say they are somewhat or very stressed about their finances; and

• One third of employees say they are less productive at work because of their financial stress.

To read the full report from the Asset Funders Network, click here.