Morning Consult

Time is Money: Americans say the price is $240 per hour, according to new Empower research

Retrieved on: 
Wednesday, May 1, 2024

GREENWOOD VILLAGE, Colo., May 1, 2024 /PRNewswire/ -- Time is money, and there's a premium: Americans say their time is worth $240 per hour, on average, according to new research from Empower, a leader in financial planning, investing, and advice. Based on a standard 40-hour week, that puts the perceived value at $499,200 per year – nearly eight times higher than the average U.S. salary of $59,384.1 One third of people set the price at under $50 per hour, though 1 in 4 Millennials value their time at over $500 per hour – the highest of any generation (just 6% of Boomers name that rate).

Key Points: 
  • Less is more: 1 in 4 people (26%) are willing to take a 15% pay cut to gain more free time.
  • More than a third (32%) say they want to start their own business, but don't have the time.
  • The Empower "Time is Money" study is based on online survey responses from 2,204 Americans ages 18+ fielded by Morning Consult from March 11-14, 2024.
  • The survey is weighted to be nationally representative on the following dimensions: age, gender, education, race and region.

Americans favor quality over quantity in pursuit of longevity

Retrieved on: 
Wednesday, April 17, 2024

DUBLIN, April 17, 2024 /PRNewswire/ -- Americans overwhelmingly say that when they think about longevity, it's more than just living longer—it's about living their healthiest, best lives. While most want to live to 90—well past the average U.S. life expectancy of 77.5 years—nearly two-thirds (66%) would choose a shorter, healthier life over a longer one with health issues. These findings, from a survey conducted by global healthcare technology leader Medtronic with Morning Consult, highlight a gap between U.S. adults' desire to live healthier years and the opportunity for more people to improve their quality of life through healthcare technology.

Key Points: 
  • With almost limitless health-related information at our fingertips and new healthcare innovations emerging daily, the American dream of extending both our lifespan and quality of life seems possible.
  • And while 80% of Americans believe healthcare technology can help them live longer and healthier, only 18% are taking advantage of it.
  • What's more, every day researchers are discovering new technologies that continue to improve longevity and quality of life."
  • This will help them develop a treatment plan with you that prioritizes your quality of life.

Ecolab Watermark™ Study Reveals Global Generational Gap on Access to Clean and Safe Water

Retrieved on: 
Friday, March 22, 2024

Data from a global study commissioned by Ecolab, a global sustainability leader offering water solutions and services, and conducted in partnership with Morning Consult, has revealed that the level and immediacy of clean and safe water concerns varies across generations.

Key Points: 
  • Data from a global study commissioned by Ecolab, a global sustainability leader offering water solutions and services, and conducted in partnership with Morning Consult, has revealed that the level and immediacy of clean and safe water concerns varies across generations.
  • Still, safe water emerges as one of the foremost environmental concerns for most generations, alongside other critical global issues such as pollution and climate change.
  • As a global leader in water management and solutions, Ecolab recognizes the role businesses play in forging a safer, more prosperous future.
  • Ecolab continued to grow its Ecolab Water for Climate™ program, which is designed to help companies advance sustainable business growth while meeting climate and water goals.

Financial Advisors Report Clients Have Greater Family Engagement and Fresh Conversations Around Generational Wealth Transfer

Retrieved on: 
Wednesday, March 20, 2024

ST. LOUIS, March 20, 2024 /PRNewswire/ -- A majority of financial advisors surveyed (89%) report clients have a wealth transfer plan in place and many financial advisors say clients are engaging their families in these discussions, according to new research from Edward Jones and Morning Consult. In fact, nearly two-thirds (65%) of financial advisors say clients are bringing their children or parents to meetings to discuss their wealth transfer plans.

Key Points: 
  • In fact, nearly two-thirds (65%) of financial advisors say clients are bringing their children or parents to meetings to discuss their wealth transfer plans.
  • To prepare for the complexities and sensitivities around wealth transfer, financial advisors serve as accountability partners for their clients by establishing regular check-ins.
  • In fact, 77% of financial advisors surveyed say they speak to their clients at least quarterly about their wealth transfer plans.
  • Financial advisors acknowledge that their conversations with clients around inheritance have shifted in the past five years, and where clients choose to focus varies.

AMID DYNAMICS OF THE 2024 ELECTION CYCLE, VOTERS VALUE AND TRUST OUT OF HOME ADS

Retrieved on: 
Tuesday, March 12, 2024

WASHINGTON, March 12, 2024 /PRNewswire/ -- The U.S. is experiencing record-breaking political ad spend surrounding the 2024 election encompassing national and local races. For campaigns, political action committees (PACs) and issue advocacy groups advertising in this challenging political climate, out of home (OOH) ads prove to be an effective medium to reach, inform and influence voters, according to a new report.

Key Points: 
  • WASHINGTON, March 12, 2024 /PRNewswire/ -- The U.S. is experiencing record-breaking political ad spend surrounding the 2024 election encompassing national and local races.
  • Furthermore, the study found that more than half of likely voters exposed to an OOH political ad in the past year (56%) trust political information in an OOH ad to be truthful and accurate.
  • Additionally, likely voters with a higher income and education level are more likely to say political ads are influential.
  • Additionally, a quarter of likely voters say OOH political ads remind them of the need and value of voting (26%) and increase their awareness of issues (25%).

RedBox Rx Releases New Study That Finds Nearly 3 Out of 4 Americans Struggled with Mental Health

Retrieved on: 
Tuesday, February 20, 2024

The study was commissioned by RedBox Rx, a telehealth and online pharmacy provider that specializes in mental health treatment, and conducted by Morning Consult, a global intelligence company.

Key Points: 
  • The study was commissioned by RedBox Rx, a telehealth and online pharmacy provider that specializes in mental health treatment, and conducted by Morning Consult, a global intelligence company.
  • “Mental health remains a struggle for many Americans,” said Dr. Daniel Fick, RedBox Rx’s chief medical officer.
  • Those suffering from worsening mental health were more likely to have experienced the following:
    The study also indicated that mental health challenges varied among age groups.
  • RedBox Rx offers treatment plans for men’s health , women’s health , hair and skin , mental health , allergies and more.

The Great Wealth Transfer Starts with the Great Wealth Talk, Edward Jones Research Finds

Retrieved on: 
Tuesday, February 27, 2024

ST. LOUIS, Feb. 27, 2024 /PRNewswire/ -- More than a third of Americans (35%) do not plan on discussing transfer of wealth with their families, according to new research from Edward Jones. In partnership with NEXT360 Partners and Morning Consult, Edward Jones set out to understand Americans' perceptions of generational wealth and their plans to inherit or pass on wealth, inclusive of not only money and other assets but also values and the importance of health, family, and purpose.

Key Points: 
  • "We know it can be extremely uncomfortable and nearly impossible to separate emotions from the financial decisions necessary when planning inheritance and wealth transfer , particularly as givers navigate family priorities beyond finances," said Lena Haas, Head of Wealth Management Advice and Solutions at Edward Jones.
  • Given this, the great wealth transfer will not necessarily be the same for everyone.
  • "With people living longer, the wealth transfer conversation needs to be a dynamic, ongoing dialogue.
  • "Our research found that there are a lot of assumptions about inheritance, but limited effort to clarify through a discussion.

New IBM Study Data Reveals 74% of Energy & Utility Companies Surveyed Embracing AI

Retrieved on: 
Monday, February 26, 2024

ORLANDO, Fla., Feb. 26, 2024 /PRNewswire/ -- Today, at Distributech 2024, IBM (NYSE: IBM) unveiled additional findings from its global study findings that show that 74% of Energy & Utility companies surveyed have implemented or are exploring using AI in their operations. 

Key Points: 
  • Within the sector, among surveyed IT Professionals, 33% are focusing AI projects on HR/Talent Acquisition and 27% are focused on AI Monitoring & Governance.
  • This new data echoes insights from the IBM Institute for Business Value's 2023 study, ' CEO decision-making in the age of AI,' which also interviewed 420 Energy & Resources CEOs thinking around AI.
  • Casey Werth, Global Energy Industry General Manager IBM said, "Energy & Utility CEOs have moved beyond experimentation with AI to focusing on where they can drive the most business value with AI.
  • The full IBM Institute for Business Value 2023  CEO Study can be accessed here , data on the specific Energy & Resources cuts of the data are available on request.

Just 3 in 10 Americans aspire to the C-suite, according to new Empower research

Retrieved on: 
Wednesday, February 21, 2024

GREENWOOD VILLAGE, Colo. , Feb. 21, 2024 /PRNewswire/ -- Who wants to be the boss? Just 3 in 10 Americans* say they aspire to a C-suite role, according to new research from Empower, a leader in financial planning,1 investing, and advice, with Millennials showing the highest interest in becoming a top executive (39%). In fact, 31% of people don't want their job description to change – even if it means sacrificing a promotion or raise.

Key Points: 
  • Just 3 in 10 Americans* say they aspire to a C-suite role, according to new research from Empower , a leader in financial planning,1 investing, and advice, with Millennials showing the highest interest in becoming a top executive (39%).
  • In fact, 31% of people don't want their job description to change – even if it means sacrificing a promotion or raise.
  • Still, many are stressed about working with an incompetent manager (24%) or colleagues (26%).
  • The Empower "Who's the Boss" study is based on online survey responses from 1,117 Americans ages 18+ fielded by Morning Consult from January 3-4, 2024.

Widespread Consequences of Junk Fees Uncovered, With Financial Transactions Showing Most Impact on Americans

Retrieved on: 
Tuesday, January 23, 2024

Crucially, junk fees are having emotional and financial consequences on Americans.

Key Points: 
  • Crucially, junk fees are having emotional and financial consequences on Americans.
  • “Because junk fees affect consumers’ everyday transactions, many of which involve routine financial services, we must focus efforts on eliminating these fees where they hurt consumers most frequently.”
    As the awareness of junk fees grows, Americans are altering their buying habits.
  • A disturbing junk fees trend: financial transactions and international payments
    One crucial area of concern consumers flagged involves junk fees in financial transactions and international payments, integral parts of daily life.
  • It’s clear financial transactions are where many Americans are feeling hit the hardest when it comes to junk fees.