workers at table giving big high fives to each other (Photo: Shutterstock)

There’s a commonly held understanding that dealing with money is stressful. What employers also understand is that it is time-consuming. They know that when employees feel like they lack control of their financial health, they bring their money stress into the workplace. The result is that valuable work time is often spent dealing with personal money issues—even causing absenteeism when financial emergencies arise.

The rising interest in company-sponsored financial wellness programs indicates that employers are taking employee financial health seriously. In a recent survey of over 500 employers, eMoney found that 91% believe that offering their employees financial wellness support is important. Employers who do offer a financial wellness program revealed that these benefits have led to happier, more productive employees who stay in their jobs longer.

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