Sixty-seven percent of employees say the cost of living is outpacing growth in their salary and wages, according to a Bank of America survey shared exclusively with CNN on Monday.
High inflation is a major reason why just 42% of employees say they feel financially well, according to the Bank of America survey.
Likewise, 64% of employees say they are stressed about their finances.
23% of women losing sleep over moneyJust 38% of women say they feel financially well, according to the Bank of America survey.
While 61% of Asian employees say they feel financially well, just 44% of White employees, 40% of Hispanic and 35% of Black said the same.
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