Skip to main content

Worksite
in Progress.

The pathway to voluntary benefits success

Read the report

Q2 2024: Working hard to tread deep waters

A new high for the Workforce Financial Stability Score* (WFSS) is undermined by rising concerns about job security and the future in the latest Pathway to voluntary benefits success quarterly report. Working Americans are striving harder than ever – but are they making progress toward financial well-being?

What's in the report?

Infographic: Circle chart "In Q2 2024, the WFSS reached a new quarterly high of 57"

1. Quarterly scores

Working Americans continue to work hard to manage their money from paycheck to paycheck. However, looking deeper, they are keenly aware of the challenging environment, which has led them to make increasing trade-offs.

 

Read the report
Infographic: Circle chart stating "64% of Financially Healthy Americans describe themselves as 'stable'" and Circle chart stating "Just 31% see themselves as 'healthy'"

2. Segments up-close

Even the Financially Healthy do not call themselves “healthy”, rather they see themselves as “stable”. More concerning are the Financially Stable and Challenged segments, who face significant hurdles.

 

Read the report
Infographic: Circle chart "62% of working Americans believe that voluntary benefits are essential to their financial well-being"

3. Spotlight insights

There is a strong connection between job security, financial well-being, and overall happiness among working Americans. While confidence in job security is waning, voluntary benefits have the power to provide a sense of financial well-being in their own right.

 

Read the report

Resources you can use

Screenshot of Q1 2024 report

The Q1 2024 report

Read the previous edition of The pathway to voluntary success report.
Screenshot of Annual report

Annual report

See the bigger picture with our 2023 report on the WFSS survey and its findings.
Screenshot of Workforce Financial Stability Score.

Monthly WFSS updates

What are the latest WFSS figures? Keep track of how working Americans are feeling about their financial well-being.

FOR EMPLOYERS. NOT FOR USE WITH EMPLOYEES.

*The MassMutual Workforce Financial Stability Score measures the changing attitudes and financial outlook of working Americans. Commissioned by MassMutual, the research began in June 2022 and is conducted online, monthly, among a nationally representative sample of 1,000 U.S. middle-market employees. For purposes of this research, MassMutual defines working Americans and middle-market employees as those working at firms with at least 25 benefit-eligible employees with a household income of $40,000 to less than $150,000, and assets less than $300,000.

Insurance products issued by Massachusetts Mutual Life Insurance Company (MassMutual) and its subsidiaries, C.M. Life Insurance Company (C. M. Life) and MML Bay State Life Insurance Company (MML Bay State), Springfield, MA 01111-0001. C.M. Life and MML Bay State are non-admitted in New York.