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BofA Survey Finds Many American Workers Optimistic About Their Financial Future, Though Feeling the Strain of Inflation

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BofA Survey Finds Many American Workers Optimistic About Their Financial Future, Though Feeling the Strain of Inflation

Press release provided by Bank of America Corporation. Cision distribution by PR Newswire – September 26, 2023. Press release based on the 2023 Bank of America report: The Transforming Workplace” (PDF)

While Saving for Retirement Remains Top Financial Goal, More Employees Prioritizing Pressing Needs

CHARLOTTE, N.C., Sept. 26, 2023 / PRNewswire / — Bank of America today announced findings from its 13th annual Workplace Benefits Report, “The Transforming Workplace” (PDF). The report revealed that two-thirds (67%) of employees believe the cost of living is outpacing growth in their salary or wages, compared to 58% in February 2022. […]