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.
- Share on
Free Training & Resources
White Papers
Provided by Anaplan
Further Reading
As employers finalize their 2026 budgets, rising healthcare costs are forcing tougher decisions in financial planning and employee benefits...
The IRS has explained how to handle taxes if a retirement plan participant doesn’t cash a distribution check and another check is issued....
Believe it or not, more than 80% of workers like their employers’ Paid Time Off (PTO) packages. But that doesn’t stop a surpris...
Heads up, Finance pros: HR might be coming to you soon for input and approval on new OBBBA benefits changes. Much of the media coverage...
It’s that time of year again: Employer health insurance plans are up for renewal. For finance leaders, this period can feel like a lotter...
The Department of Labor (DOL) is once again taking a neutral stance on offering a certain investment option to retirement plan participants...
