Financial Stress in the work place is a leading cause of increased absenteeism and decreased productivity. Find out how you can help your employees eliminate financial stress in their lives which in turn will increase productivity within your business.
The IFEBP report, Financial Education for Today's Workforce: 2016 Survey Results, Employers—typically, HR benefit managers—revealed that their workers are struggling and stressed over:
Debt (66 percent of respondents).
Saving for retirement (60 percent).
Saving or paying for children's education (51 percent).
Covering basic living expenses (48 percent).
Paying for medical expenses (36 percent).
Those reporting high levels of stress were more than four times as likely to suffer from symptoms of fatigue, headaches, depression or other ailments. They were also twice as likely to report poor health overall, leading to more sick days, increased absenteeism and decreased productivity.