Benefits September 24, 2008

Younger Generations Claim "Hardworking" Description

September 24, 2008 (PLANSPONSOR.com) - A survey recently released by the Employee Benefit Research Institute (EBRI) shows Americans ages 19 to 39 describe themselves as "hardworking" and "family-oriented."
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The survey, “Preparing For Their Future: A Look at the Financial State of Gen X and Gen Y,” sponsored by the American Savings Education Council, a program of EBRI, and Divided We Fail, asked survey participants how well eight words or phrases describe them. The largest number (96%) said that “hardworking” described them very well or somewhat well. “Family oriented” was a close second, with 91% saying the phrase described them very well or somewhat well.

Eighty-six percent of respondents categorized themselves as “disciplined,” while 84% said “optimistic” described them very well or somewhat well.

On the other hand, 56% said the phrase “expensive taste” did not describe them too well or not well at all, and 39% said the word “carefree” did not describe them too well or not well at all.

The survey, released in March 2008, included responses from 1,752 individuals.

A detailed report of the findings is here .

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