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Other key findings from the report include: ;5% of Baby Boomers, 39% of Gen X, 51% of millennials and 38% of Gen Z employees identify as having caregiving responsibilities.; ;20% of caregivers say their caregiving responsibilities have negatively impacted their household’s financial confidence.; ;Only 36% of caregivers report “very good” mental health.; ;Caregivers are 48% more likely to have experienced increased anxiety and depression over the past year.; ;Of caregivers who took a paid leave of absence from work, 37% said that it was due to mental health needs.; Retirement Balances Hit Record High; Roth Options Generating Interest Average 401(k), individual retirement account (IRA) and 403(b) account balances reached record highs during the third quarter, driven by consistent savings and positive stock market performance.

It graphs the ratio of the accumulated CAP to the accumulated SCT on the y-axis, and the excess TSR on the x-axis, all separated into four distinct quadrants (Quadrants 1-4).

Workspan Daily article;Gen X Retirement Is On the Horizon.

Workers from Generation Z are the most burnt out, at 66%, followed by millennials (58%), Gen X (53%) and Baby Boomers (37%).; ;67: The percentage of global employees with fertility challenges who say their employer doesn’t offer support for undergoing fertility treatment, according to a survey by Fertility Matters.

.; ;Gen X workers are the least confident (61%) they’ll have enough saved to retire.; ;Men are more confident than women in both retirement knowledge (89% vs. 69%) and savings confidence (81% vs. 62%).;; ;Student loan debt continues to weigh on employees

So, if we can save 5% of those people, it comes down to x amount of dollars [in annual cost savings/avoidance].”

All signs point to employee development, one of the key pillars of WorldatWork’s total rewards strategy, becoming an increasingly powerful tool in the attraction, motivation and retention of a talented workforce.

The underlying calculation for determining the gap that we apply is the same as that used by Statistics NZ using the formula: (Hourly rate Males – hourly rate Females) — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — X 100 Hourly rate Male We also take into consideration the additional components of the rewards package over and above base salary, including the benefits and variable payments received.

Since 2022, U.S. citizens have been able to select “X” as their gender marker on passports.

Gen X followed closely, with 26% reporting a side hustle.; Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Career Growth; ;Employee Benefits; ;Employee Compensation; ;Employee Experience; ;Well-Being; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.