Did you know that financial stress is one of the biggest impacts to employee performance?
According to a recent study, financial stress can impact your workforce in a wide variety of ways, ranging from increased absenteeism and tardiness to decreased productivity, even to physical health issues such as ulcers, anxiety, and heart problems.
So, what can you do to address this stress as an employer?
Many organizations now offer financial wellness programs that help teach employees to better manage their money and reduce their financial worries.
For example, Southern Bank offers the Southern@Work Financial Wellness program, which provides a customized financial education plan for your employees and includes a suite of financial benefits and in-person training.
See you next time on Money Matters!Share