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Measuring your firm's financial fitness

How do you go about implementing a financial wellbeing program for your company? It starts with 2 critical steps.

By Dan Macklin | July 27, 2020 at 08:35 AM
hand with pen hovering over 4 checkboxes under title of employee well being indicators (Photo: Shutterstock)

It may seem like ages ago, but 2020 ushered in historically low unemployment rates. As HR leaders, you were thriving and had no shortage of talent from which to choose.  Income was rising – but so was debt. Despite a rosy economic outlook, US workers were facing unmanageable debt. Nearly 8 in 10 US workers were living paycheck. Four out of 10 adults would struggle to cover an unexpected expense of $400.

And then we hit March – and the problems facing US workers accelerated.

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