Survey Reveals Shockingly Low Number of Employees Satisfied With Their Pay

A survey says that only 34% of employees believe their pay is fair. Employees feel their salary is not keeping up with inflation and is unfair. The survey found that less than one-third of employees feel they are paid fairly.

Is Inflation Causing Discontent?

Sad nerdy guy
Image Credit: NinaMalyna via

The Gartner survey of 3,523 employees in 2Q22 found that less than one-third of employees feel they are paid fairly.

Yet another survey by found that many workers felt their salary was not keeping up with inflation.

According to the report, 80 percent of respondents said their current salary is not keeping up with inflation.

Recession Concerns

Stressed Waiter Coming Out Of The Kitchen
Image Credit: nullplus via

Additionally, 92 percent reported that inflation and recession concerns have affected their career and financial choices.

  • Nearly half (47 percent) specified that inflation and recession concerns have pushed them to find or start looking for a higher-paying job.
  • Thirty-one percent said they took a side job or started freelancing.
  • Forty-five percent reported that they were following a stricter household or personal budget.
  • Twenty-three percent said they’ve allocated more money towards savings or an emergency fund.

Economic Pressures

Stressed Fast Food Employee Feeling Desperate
Image Credit: nicoletaionescu

“With 90 percent of people saying they ‘need to work,’ workers everywhere are challenged by navigating their careers in an uncertain global economy,” said Sara Sutton, Founder and CEO of and FlexJobs. “These findings provide valuable insight into how economic pressures are influencing global professionals across industries, career levels, and locations,” Sutton concluded.

Pay Gaps

group of people shouting
Image Credit: SIphotography via

Perceived Pay Gaps are a driving force behind the growing discontent of workers across the United States. When workers feel that their pay is not keeping in line with inflation and companies are pulling in record profits, they become upset.

“Employees’ sensitivity to perceived pay gaps is being exacerbated by today’s economic conditions, including rising inflation and the hot labor market, which is causing a shift in compensation between tenured employees and new hires,” said Tony Guadagni, senior principal in the Gartner HR practice.

Financial Stress Is More Intense for Millennials

Millennial Hipster Girl Holding an Audio Tape Cassette and a Pencil
Image Credit: nicoletaionescu via

People in their 20s and 30s are building careers, establishing long-term relationships, and buying houses. The cost of doing those things was already high. In 2022, it reached another level. Putting gas in the car to go to work every day is a challenge. Younger millennials struggle more. They’re still building their career path, so salaries are lower.

The American Dream Is Dead

Couple buying their new house
Image Credit: stockasso via

The housing market is also a concern. The American Dream of owning your own home is getting more unattainable for millennials as home values increase and inventory is still limited. Meanwhile, the Fed is raising interest rates to “curb” inflation, making it even more difficult to afford a new home. This eliminates a major wealth-building option for this generation.

Vacations Are Becoming Less Affordable

couple on vacation looking lost and confused
Image Credit: HayDmitriy via

Most people take a vacation when they’re stressed out. Unfortunately, rising prices have made that almost impossible for some folks, particularly those early in their careers making less money. Who can afford to gas up the car and go on a road trip? Airfare used to be cheap, but planes use gas too. Airfare is up 25% since last year.

Even staycations are more expensive. Energy services (natural gas and electricity) are up 19.4%, and it costs 12.2% more to eat at home this year. Sitting in front of the TV, blasting the air conditioner, and munching on refrigerator food sounds great. Paying for it won’t relieve any financial stress. It’s almost cheaper to go to work. Take-out food only went up 7.7%.

Shortages Are Part of the “New Normal”

Overhead view of stressed young woman sitting on bed
Image Credit: HayDmitriy via

Baby boomers remember gas lines and recessions. Millennials saw the longest bull market in history unfold during their adult lives. That was before the 2020 pandemic. This year, we’re seeing supply line disruptions, slow economic recovery, and global conflict. Many have called the post-pandemic years the “new normal.” Shortages are part of it.

Some of those shortages are internal because people simply can’t afford what they could in the past. In some cases, items we once bought at the market are no longer in stock or are on backorder. The supermarket shelves have empty spaces on them. That’s a new experience for millennials. Hopefully, we’ll see that turnaround soon.

7 So-Called “Frugal” Habits That Are Actually A Waste Of Time And Money

woman laying under knitted blanket
Image Credit: serezniy via

Not everything is frugal! I am sure you have read articles and tips that promote frugal living and give some ideas that are just not frugal! These frugal myths float around and sometimes even cost people a lot of money!

7 So-Called “Frugal” Habits That Are Actually a Waste of Time and Money

The 20 Things People Used To Cheap Out On, But Now They Swear By The Expensive Versions

woman with cheese in mouth
Image Credit: avgustino via

When budgeting and saving money, trying to cut corners wherever possible is tempting. However, some items are worth investing in due to their better durability or quality compared to their cheaper counterparts.

The 20 Things People Used To Cheap Out On, but Now They Swear by the Expensive Versions

Frugal Living Tips From The Great Depression That Are Relevant Today

Vintage Street Peasant Boy In Flat Cap Eating Baked Beans From A Can In A Depiction Of The Great Depression
Image Credit: jorgophotography via

How frugal were people during The Great Depression? It was a time of hardship and uncertainty and a time when people were forced to be extremely frugal.

Money-Saving Secrets from the Great Depression: Frugal Living Tips from the Great Depression That Are Relevant Today

Sorry Millennials, These 20 Skills From The 90s Are No Longer Relevant

Millennial Hipster Girl Holding an Audio Tape Cassette and a Pencil
Image Credit: nicoletaionescu via

The 90s saw a tremendous shift in technology, and many skills that were once essential have become irrelevant in today’s world.

Sorry Millennials, These 20 Skills From the 90s Are No Longer Relevant

Eye Rolling Intensifies: 28 Boomer Comments Gen Z and Millennials Can’t Stand

Senior beautiful couple standing together
Image Credit: via

Older generations love giving advice and telling younger people things. While there are plenty of life lessons to learn from older people, young people are tired of hearing some of what boomers have to say.

From OK Boomer To Eye Roll: Gen Z and Millennials Are Sick and Tired of These 28 Boomer Comments


Hi! I am a millennial mom with a passion for personal finance. I have always been “into” personal finance but got inspired to start my blog after a period of extended unemployment. That experience really changed the way I viewed my relationship with money and the importance of accessible personal finance education.