Schwab 401(k) Study: Employers Step Up to Help Workers Manage Financial Stress
Charles Schwab Corporation (The) (SCHW)
Last charles schwab corporation (the) earnings: 4/15 08:45 am
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Source: Business Wire
Increased salary, 401(k) match and flexible work arrangements are among the most impactful benefits WESTLAKE, Texas--(BUSINESS WIRE)--Workers’ financial health has improved slightly this year, and 401(k) participants are increasingly crediting their employers for helping to manage financial stress, according to Charles Schwab’s 2024 401(k) Participant Study. The research finds 64% of workers say their employers have taken action to help them manage financial stress, compared to 52% who said the same last year.Actions employers took to mitigate financial stressIncreased pay39%Offered flexible work arrangements19%Increased 401(k) match18%Provided access to financial wellness/education resources15%Provided additional bonus14%More workers report feeling very good about their financial health (24%) compared to last year (20%), but many continue to feel stressed. About half of workers say their financial health has not changed and one in five say it has worsened. Gen Z (37%) and Millenni
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SCHW
News
- Schwab to Significantly Expand Its 24-Hour Trading Capabilities to Include the Stocks in the S&P 500®, Nasdaq-100® and Hundreds of Additional Exchange-Traded FundsBusiness Wire
- The Charles Schwab Co. (NYSE: SCHW) had its price target raised by analysts at Morgan Stanley from $68.00 to $74.00. They now have an "equal weight" rating on the stock.MarketBeat
- Schwab Declares Common Stock Dividend and Declares Preferred Stock DividendsBusiness Wire
- The Charles Schwab Co. (NYSE: SCHW) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- The Charles Schwab Co. (NYSE: SCHW) had its price target raised by analysts at Barclays PLC from $64.00 to $74.00. They now have an "equal weight" rating on the stock.MarketBeat
SCHW
Earnings
- 10/15/24 - Beat
SCHW
Sec Filings
- 9/20/24 - Form 4
- 8/26/24 - Form N-PX
- 8/26/24 - Form N-PX
- SCHW's page on the SEC website