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Employees Financial Worries are Impacting Your Bottom Line

Employees Financial Worries are Impacting Your Bottom Line

| April 05, 2021
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When employees are financially stressed, they spend three or more hours a week – approximately 150 hours per year – worrying about personal finances or dealing with them at work.[1]

A financial wellness program is a soft benefit, so if you feel anxious about offering this benefit, you’re not alone. There are a lot of questions to consider:

  • Will employees be engaged in the program?
  • Will productivity improve?
  • Will turnover decrease?
  • Will this program improve our balance sheet?
  • And, more importantly, how to measure ROI?

Here is your CFO Guide to Financial Wellness.

>>>Read the Guide>>>

This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.

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[1] Mercer LLC, “Inside Employees’ Minds™: Financial Wellness.” 2017, 2, PDF. https://www.mercer.com/content/dam/mercer/attachments/global/inside-employees-minds/gl-2017-inside-employees-minds-financial-wellness.pdf.


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