The vast majority of workers recognize they aren’t saving enough for their post-work years, according to Willis Towers Watson’s 2022 Global Benefits Attitudes Survey. The consulting firm surveyed more than 9,600 U.S. employees during December 2021 and January 2022. According to the survey, the top three reasons employees cited for not saving more for retirement were paying off debts (36%); saving money for other reasons, such as holidays, purchasing a car or paying for education (28%); and not being able to afford to save more (27%).
What it means to HR leaders
The data is the latest to spotlight