WHAT THE DATA SAY: 1 in 3 workers willing to quit over CEO’s political views
March 21, 2024 at 03:32 pm EDT
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FINANCIAL INSECURITY HIGHEST IN A DECADE
American financial insecurity is at its highest point in at least a decade, according to our Harris Poll research with Northwestern Mutual.
33% of Americans say they don't feel financially secure, up from 27% in 2023. It's the highest concern level seen going back to 2012.
The reason for the concern: the high cost of living. In fact, 54% expect price pressures to increase this year.
Only 9% say their household income is outpacing inflation.
A third think inflation will stay where it is, and fewer than one in five expect it to fall.
54% predict a recession this year, down from 66% in 2023 - yet higher among Gen Z (62%) and Millennials (59%).
45% consider themselves "disciplined financial planners," down from 65% in 2020.
While most are focused on cutting costs and saving, 59% said they will either spend the same amount or more this year on restaurants, vacations and entertainment.
Gen Z (36%) is most likely to engage in more discretionary spending overall this year, compared with Millennials (28%), Gen X (24%) and Boomers (20%).
EMPLOYEES WILLING TO QUIT OVER CEO'S POLITICS
A third (36%) of U.S. workers say they would consider quitting if their CEO expressed political views they don't agree with, based on a new Harris Poll survey with Indeed.
Among younger employees, 46% of 18- to 34-year-olds and 44% of 35- to 44-year-olds would consider quitting.
43% have heard colleagues talking about politics in the office.
56% of employees say talking politics in meetings makes them uncomfortable - even higher for women (62%).
18% admit to avoiding coworkers with different political opinions.
40% say politics has affected team morale - higher among for 18- to 44-year-olds (47%) versus those 55 and older (28%).
HEALTH CARE RECEIVES WEAK REPORT CARD
Two years ago during COVID, The Harris Poll found the health worker shortage was real for Americans. Today, it has become even worse, according to our new poll with the PAN Foundation.
Overall, the state of healthcare access among patients with a chronic health condition received a grade of "C," or 75.8. Looking specifically at five key categories in the scorecard: Access to Care = C+ (78.8); Relationship with Healthcare Professionals = B (84.2); Affordability of Prescription Medications = B- (82.3); Access to Treatment through Healthcare Plans = D- (62.8); and Financial Toxicity = C- (70.7).
48% of patients face logistical barriers to care, including trouble getting appointments (18%) and financial difficulties paying for needed care (13%).
People of color (57%), younger patients (70% Gen Z and Millennials) and LGBTQIA+ patients (77%) are more likely to report logistical barriers to care.
36% of patients taking prescription medications said they had taken at least one financially related action to afford their needed prescription medication(s): reducing spending in other areas (15%); dipping into retirement or other savings (13%): exploring discount saving apps (12%); taking on credit card debt (11%); or delaying payment of other bills (10%).
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