Only 31 percent of employees overall say they could meet theirbasic expenses if they were out of work for an extended period oftime. (Photo: Shutterstock)
Employers trying to do something to help their employees improvetheir financial wellness may be congratulatingthemselves on putting programs in place to deal with it—but theprograms they're using may not be doing much, if anything, to helpemployees ditch their financial stress and even threaten theirpreparations for retirement.
According to PwC's 8th annual Employee Financial WellnessSurvey, financially stressed employees are far less prepared forretirement than those who are not stressed about their financialcondition.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
