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Special Report

Financial Wellness

Benefits advisors and their employer clients are increasingly seeking information and guidance about offering financial wellness plans to their employees. Financial wellness can encompass many things, from financial education to voluntary products to budgeting and financial tools and more. This special report covers financial wellness from many perspectives, providing insight and strategies to help in the decision-making process.

Research

Businesses lose half a billion dollars a year due to employee financial stress

Half of U.S. workers are panicked or depressed over money.

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chalkboard arrow breaking over mans head Employees with money worries are 5.8 times more likely not to be able to finish daily tasks and 4.9 times more likely to have lower work quality. (Photo: Shutterstock)

Businesses suffer when employees are stressed. And if it costs them, it costs their employees first.

That’s among the findings of a survey from Salary Finance, which reports that American businesses lose half a billion dollars a year because their employees are stressed about their personal finances.

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Marlene Satter

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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