Many workers say they are underpaid, survey finds – By Joe Fisher (UPI) / Jan 4, 2023
Jan. 4 (UPI) — Inflation has many U.S. workers feeling like their salary is not enough to keep up with costs, and a new study by Finance Buzz found that many feel like they are underpaid.
Of 1,250 people surveyed, only about 37% said that they feel like their salary is keeping pace with inflation. Meanwhile 41% said they are being underpaid.
“With inflation driving up costs for all kinds of products all around the world, paychecks for many people are not stretching as far as they used to,” writes Finance Buzz’s Josh Kobert.
Conversations about personal finances are common across all generations of workers. Overall, about 59% of respondents said they discuss topics relating to personal finances with close friends and family fairly regularly. Gen Z was most likely to do this, with 68% saying it is a normal topic of conversation. Gen X is the least likely to talk about personal finances, answering 51% in favor.
