Financial education is becoming increasingly important in today’s world, but is it worth the
company’s time and resources to provide such a service? Helping employees reduce financial
stress can help improve wellness, retention and productivity – and cost a fraction of the time lost
from overwhelmed employees.
company’s time and resources to provide such a service? Helping employees reduce financial
stress can help improve wellness, retention and productivity – and cost a fraction of the time lost
from overwhelmed employees.
Financially stressed employees may be costing you more than you think. Not only do financial issues
affect employee productivity, they can also impact your ability to retain staff.
A recent survey found that more than half of stressed employees (55%) are distracted by their
finances at work. Additionally, they spend an average of three hours per week dealing with their
finances – likely during the workday.
Comparatively, if companies offered just one hour of financial education to workers per quarter to
help alleviate financial stress, the savings and bottom-line results could be significant.