Employees are bringing their financial issues to work, and it'saffecting their employer's bottom line.
Workers' lack of financial knowledge and the distress that hasresulted is leading to employee productivity drains, turnover andincreased benefits cost, according to a new white paper released Wednesday by GuideSpark, a company thatdelivers Web-based HR software.
The study found nearly 80 percent of financially distressedemployees spend time at work dealing with financial issues. Plus,more than 92 percent of employees report losing sleep over moneyissues and financial stress is leading to illness, absenteeism andincreased health care costs.
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