Financial Wellness...Helping your employees manage their money can improve your bottom line.
25% of employees are stressed by finances to the point that their health and productivity suffer a great deal, all of which takes its toll on the employer's bottom line
- Finances are a major cause of stress.
Money matters consistently top the list of stressors for Americans
- Financial stress drives up health care costs as employees deal with the stress by:
- Smoking
- Overeating
- Drinking
Worrying that interferes with sleep
- Developing physical symptoms: stomachaches, headaches
70% of health care costs are due to an employee's lifestyle.
- Employees aren't leaving their money problems at home, on company time they are:
- Answering creditor phone calls at work
- Making phone calls to banks, credit card companies
- Meet with attorneys or appear in court
- Take sick days due to the physical symptoms brought on by stress
- Pursue a new job that pays more
1/2 of these employees waste 21 hours per month dealing with their personal finances at work.
- Studies show a $400 annual ROI per employee that actively participates in changing their financial life if even only slightly!
For information on a custom financial wellness program that's right for your employees, send an email to info@enrichfinance.com