Employed IT professionals have trouble making ends meet
A significant percentage of employees are living paycheck-to-paycheck, with a
notable share of them missing routine bill payments, according to a recent
survey from CareerBuilder. Even a six-figure income may not be enough to stave
off bad times a surprising number of those making more than $100,000 per year
are having trouble in meeting expenses.
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- 42% employees live paycheck to paycheck
- 46% of females live paycheck to paycheck
- 38% of males live paycheck to paycheck
- 14% of employees who make more than $100,000 live paycheck to
paycheck - 6% of employees who make more than $100,000 say they cannot make ends
meet - 21% of professionals are making ends meet by reducing 401K
contributions - 34% of employees do not participate in retirement savings plans
- 20% of employees missed a bill payment this last year
- 24% of females missed a bill payment this last year
- 17% of males missed a bill payment this last year
Things that employees will not give up
- Internet connection 56%
- Driving 46%
- Mobile Phone 42%
- Cable TV 27%
- Eating out 11%
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