Financial Wellness.©mnimage –

It’s no surprise that financial worry is a major stressor for American adults. In fact, according to the annual Stress In America survey of more than 3,000 adults, conducted by the American Psychological Association (APA), nearly 90% of respondents cited the increase in costs for everyday items as a significant source of stress. Stress over finances can manifest itself physically, emotionally and in job performance. In the last couple of years, we have seen a rise in corporations enacting programs to support employee wellbeing. The intention is good, the outcome may not be.

Personally, the word “program” implies something you do on the side, almost like it’s just another thing you check off on your benefits package list of options. Rather than “program” or “initiative”, I prefer the term “commitment.” Leaders back up commitments with target goals and investments. When leaders commit to the wellbeing of their employees, it shows that they care deeply about the people their profits are built by.

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