It’s no surprise that pay is now the most important factor in satisfaction at work. This is according to Mercer’s 2022 Inside Employees’ Minds study, which surveyed more than 4,000 full-time employees working in organizations with 250 or more employees.
The 8.2 year-over-year rate of inflation has eroded any wage gains seen over the past two or three years. Consequently, the study shows that employees are currently much more focused on their financial health, as compared to results in 2021. The 2022 study showed that meeting monthly expenses, having the ability to retire and personal debt are now among employees’ greatest concerns. READ MORE