Finance News & Insights

Money problems affect absenteeism, productivity

Financial wellness is more than just a trendy buzzword, and there are some compelling reasons to take an active interest in your employees’ financial health.

More than half (58%) of employers said that financial “illness” plays some type role in employee absenteeism. And 78% also said employees’ personal financial problems have a negative impact on workers’ productivity.

These findings come from MetLife’s “9th Annual Study of Employee Benefits Trends.”

To combat these problems, an increasing number of employers are offering personal finance education to their workers.

Readers, does your company offer any personal finance education? Let us know in the Comments section.

 

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