Mans hands cupped over a small leaflet growing on a pile of coins These benefits aren't cheap, but neither are financially stressed employees.

Can you think of the last time a financial situation had you stressed out and so preoccupied it was difficult to focus at work? All you could think about was handling the situation and maintaining financial stability, eliminating that added stress and getting back to life as usual. Now top that situation off with the new reality of COVID-19. Employees who were previously preoccupied with a personal financial challenge and couldn't give their full attention to work are now dealing with the added stress of remote work, homeschooling, adjustments to social distancing, physical and mental health threats – this list goes on.

As an organizational leader, you're also dealing with financial stress. You're trying to figure out how to maintain the financial stability of your business and continue moving forward, without sacrificing your staff or the employee benefits they rely on. The last thing you want to resort to are layoffs.

So where else can you cut expenses? What can your business do without, or do with less of? There are no simple answers or easy choices.

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