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business man carrying chalkboard sign with dollar signs on it above his head (Photo: Shutterstock)

For many employees, the COVID-19 pandemic has revealed how fragile their financial security is. A recent survey from the National Endowment for Financial Education found that nearly 9 in 10 (88%) Americans said that the COVID-19 crisis is causing stress on their personal finances. For employees, the pandemic has not only heightened financial stress but also shown a lack of preparedness for economic hardship that highlights a greater need for comprehensive financial wellness programs from employers.

To put it simply, work and employee’s relationships with their employer have fundamentally changed in 2020. Employees’ needs and wants have shifted to adapt to the new normal of working from home. Home life and work-life have become one, and with that comes both personal and financial complications.

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