Gen Z Prioritize Savings and Financial Literacy
Gen Z workers say they take a “forward-looking approach” to money and savings, notes research from The Standard.
According to the findings, 79% of Gen Zers describe saving as their top goal, while 80% say they value working for an employer who provides support for financial literacy.
Furthermore, previous research shows this age group is looking for employers to provide traditional benefits like retirement plans and life insurance, as well as financial coaching.
“Gen Z employees want transparency. They need help when it comes to their future, enrolling in benefits and knowing what their options are,” said one Millennial-aged manager at a healthcare company with over 2,500 employees, who was surveyed by The Standard.
SEE ALSO:
A Nightmare on 401(k) Street: The Spookiest Retirement Facts
Amanda Umpierrez is the Managing Editor of 401(k) Specialist magazine. She is a financial services reporter with nearly a decade of experience and a passion for telling stories and reporting news. She is originally from Queens, New York, but now resides in Denver, Colorado.
