references

sources.

Every statistic quoted on withpilar.com, with its original source and where it appears on the site. If you cite Pilar in a deck or a report, cite the primary source below — not us.

01

Home — hero

Each of the five stat cards in the home page hero is drawn from a specific published study. Full citations below, in the order the cards appear.

7 hours a week — 3 of them at work

U.S. adults report spending about 7 hours per week thinking about and dealing with issues and problems related to their personal finances, with over three of those hours spent at work. High-financial-literacy respondents spent about 3 hours per week (1 at work); low-literacy respondents spent about 11 hours (over 4 at work).

Lusardi, A., & Messy, F.-A. (2023). The importance of financial literacy and its impact on financial wellbeing. Journal of Financial Literacy and Wellbeing, 1(1), 1–11. https://doi.org/10.1017/flw.2023.8

Underlying data: 2021 TIAA Institute-GFLEC Personal Finance Index (P-Fin Index), U.S. sample.

9–13% of payroll in lost productivity

Employers estimate that financial stress-driven lost productivity costs between 9% and 13% of payroll annually.

PwC (2023). Employee Financial Wellness Survey. Cited via PrismHR, The hidden costs of employee financial stress — and how you can help: https://www.prismhr.com/blog/the-hidden-costs-of-employee-financial-stress-and-how-you-can-help/

Note: PwC's original 2023 Employee Financial Wellness Survey PDF is no longer publicly available on pwc.com. The PrismHR link above is a secondary source that quotes the 9–13% figure directly.

2× more likely to be job hunting

Financially stressed employees are twice as likely to be looking for a new job (36% of financially stressed employees compared to 18% of non-financially stressed employees).

PwC (2023). Employee Financial Wellness Survey, p. 7. Archived copy: https://finfrdm.com/pdfs/employee-loyalty.pdf

#1 concern — cost of living and inflation, 91%

Across 27 OECD countries surveyed in autumn 2022, inflation and cost of living was the top current concern for 91% of respondents on average — the highest of nine risks polled. Cost of living was reported as the top concern in every country covered.

OECD (2023). Main Findings from the 2022 OECD Risks that Matter Survey. OECD Publishing, Paris. https://doi.org/10.1787/70aea928-en

77% view financial wellness as an important benefit

77% of employees view financial wellness programs as an important employee benefit.

Thakor, M. (2024, January 2). It's time to prioritize employees' financial health. Harvard Business Review. https://hbr.org/2024/01/its-time-to-prioritize-employees-financial-health

02

Home — the problem

Money is the top cause of stress at work and at home

57% of employees name finances as their top life stressor — more than any other category polled (health, relationships, work, other).

PwC (2023). Employee Financial Wellness Survey. https://www.pwc.com/us/en/services/consulting/human-resources/library/employee-financial-wellness-survey.html

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How we cite

Every quantitative claim on withpilar.com is traceable to a named, published source. Where a stat is quoted via a secondary source (e.g. an industry blog citing a study whose original PDF is no longer available), we list both. Where the underlying survey year differs from the publication year, we show both.

If you spot a citation you think is wrong, or a study you think we should be quoting instead, please write to [email protected]. We take citation accuracy seriously and will correct anything that's off.