Do you as an employer know how much financial pain your employees are in?
The truth is that financial stress impacts company’s bottom line. When an employee is worried about how their bills are going to get paid they simply aren’t as focused on their job as they should be.
92% of people are losing sleep over finances, and the #1 time of day people check their personal bank account is 8am… at work!
In the Virgin Pulse survey 40% of employees wished their employers cared more about their financial well-being. Among more than 400 human resources professionals surveyed, 37% indicated that employees had missed work due to a financial emergency. According PWC financial wellness survey 37% of employees spend 3 or more hours thinking about or dealing with issues related to personal finances at work.
Although 81 percent of human resources professionals said they provide retirement planning and consultations to their employees, a majority don’t provide financial literacy training for investing, financial literacy training for basic budgeting or debt management. Ease financial stress by providing tools and education to help employees better understand and manage their money.
Do you as an employer know how much financial pain your employees are in?
Why not conduct a Financial Health Check to understand your employee’s financial stress. The survey is web based, anonymous and confidential. We will collate the results and provide you with a report outlining the financial risks within your company and what actions
needs to be taken to assist employees to improve their financial wellness.
Contact us on [email protected]