40 Percent Of Workers Report Having Their Benefits Reduced In The Last Five Years


According to a survey conducted by the non-profit National Endowment for Financial Education, 40 percent of workers have seen their benefits reduced in the last five years. 72 percent of those who experienced benefit cuts reported that their health care was the hardest hit. 25 percent of respondents said that their company “cut back on their 401(k) match and 13% said their employer stopped matching altogether.”