Your Tool Kit for Workplace Financial Wellness - the evidence-based approach
Despite generally good economic conditions, many employees' struggle financially. Workplace research indicates that workers at all income levels who deal with money issues are likely to underperform at work, especially those front-line workers. A CareerBuilder study found that almost 80% of American workers say they live paycheck to paycheck to make ends meet. Almost 50% of full-time workers spend three hours or more during the work week thinking about or dealing with personal finance issues (PwC). Regarding saving habits, the Federal Reserve Bank reports that 44% of adults could not cover a $400 emergency expense without borrowing or selling something. Considering the data, workplace productivity, safety, health and employee retention can be significantly impacted.
This employer-focused session will cover the basics of designing and implementing an effective cost-efficient workplace financial wellness strategy for all employees’ using the newest evidence-based research and actual case studies that include small town Main Street employers as well as Fortune 500 corporations.