Posted by Employer Wellness | Posted in Employer Wellness | Posted on 26-05-2010
Who worries more about healthcare costs – lower-paid or higher paid employees?
Answer – Both groups worry equally about their out-of-pocket health costs, as reported by a PNC Services Group survey of 1,485 staff members. Almost 52 percent of all respondents – regardless of income -cited the unpredictability of health expenses as their No. 1 financial-planning concern.
Other common financial-planning fears that affect employees of all salary levels –
• eldercare. Over half the respondents with children were afraid their offspring can be forced to pay for the parents’ long-term care, and
• financial stability. 47% of mid- to high-salary employees said they were concerned about sustaining or increasing wealth.