When someone is stressed about their money at home, it can take a toll on their professional life. Stress leads to lost productivity and an increase in sick days taken – which can affect your organization’s mission and bottom line. Financial stress results in approximately 11–14% of annual payroll costs in lost productivity and increased turnover, according to The Employer’s Guide to Financial Wellness. In total, American businesses are losing $500 billion per year due to employees’ personal financial stress,
Depending on the size of your company, this could add up quickly. *Nearly a third of workers surveyed expressed a desire for financial wellness.
