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Share of Gen Z and Millennials who would feel less stressed about their financial situation if their employer offered financial wellness benefits worldwide in 2020

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Sources

Release date

September 2020

Region

Worldwide

Survey time period

July 8 to 9, 2020

Special properties

Gen Z and Millennials

Method of interview

Online survey

Supplementary notes

The source provided the following list of financial wellness benefits to the respondents:
1. 401(k) retirement plan with match
2. Student loan repayment assistance
3. 401(k) retirement plan without match
4. Unlimited PTO
5. Tuition reimbursement
6. Assistance planning for college expenses (e.g. 529 College Savings Plan)
7. Access to financial counseling


The survey had 2,050 respondents overall, but the source does not specify the number of Gen Z and Millennial respondents.

Citation formats

Stress and financial wellness benefits among Gen Z & Millennials global 2020

Published by ÌÇÐÄÆƽâ°æ Research Department, Oct 23, 2020

In 2020, over ** percent of Gen Z worldwide said that they would feel less stressed about their overall financial situation if they were offered financial wellness benefits. Such financial wellness benefits include student loan repayment assistance, and unlimited paid time off (PTO). Only 39 percent of part-time workers in the U.S. had paid vacation, and only ** percent had access to paid sick leave as of March 2020.

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