Money problems affect absenteeism, productivity
Financial wellness is more than just a trendy buzzword, and there are some compelling reasons to take an active interest in your employees’ financial health.
More than half (58%) of employers said that financial “illness” plays some type role in employee absenteeism. And 78% also said employees’ personal financial problems have a negative impact on workers’ productivity.
These findings come from MetLife’s “9th Annual Study of Employee Benefits Trends.”
To combat these problems, an increasing number of employers are offering personal finance education to their workers.
Readers, does your company offer any personal finance education? Let us know in the Comments section.
Free Training & Resources
White Papers
Provided by UJET
Further Reading
There’s no need to panic if you or one of your staffers discover they’ve made mistakes with your company’s 401(k) plan.&nb...
Employer health insurance plan costs are set to spike for next year. All the experts are in agreement on that point. The only question is j...
401(k) investment plans remain one of the best ways for Americans who are living well into their 70s and 80s to afford retirement. After al...
Now that you have a feel for what positions at your firm should be hybrid, you might be considering giving employees the ultimate work sche...
What should you do if you mistakenly pay out too much for one of your employer-provided benefits, such as your retirement plan? Plan spo...
Americans use more healthcare services than any other people. So we pay more as a result — and the cost is going up every year. 2025 ...