Financial stress is a silent epidemic plaguing workplaces everywhere. It impacts employees at all levels, leading to decreased productivity, lower morale, and increased absenteeism. But there’s good news: employers hold the key to building a financially healthy workforce.
Tag: Financial Health
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The Hidden Cost of Financial Stress: How Employers Can Build a Healthier, More Productive Workforce
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Are You Financially Fit?
It’s often thought that having money leads to happiness. While that’s not necessarily true, being financially secure does create a sense of well-being which impacts your mental and physical health. To address our whole health in 2023, we need to understand the relationship between financial and physical wellness.
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What Employees Want: Financial Wellness
“Financial Wellness” is getting a lot of buzz these days — and for good reason! After all, today’s workforce is overwhelmed by mounting student debt and other rising expenses.
Financial wellness refers to a person’s overall financial health and is one of many factors that makes up employee wellbeing. We often think of wellbeing as related to physical and mental health, but financial stress impacts a person’s health as well. When employees are stressed about their financial situation it effects their productivity, attendance and engagement in the workplace.