DrivingSales
The Effects of Employee Financial Stress on Your Bottom Line [Webinar]
This presentation delves into the topic of financial stress and its impact on business revenue and growth. Financial stress can have a profound effect on employees' well-being, and this, in turn, can impact their productivity and performance at work. We explore the various ways in which financial stress can impact businesses, including increased absenteeism, higher healthcare costs, and decreased productivity - which together cost American businesses billions of dollars in loss every year.
To mitigate the negative effects of financial stress on businesses, we examine various strategies that employers can adopt including financial wellness benefit offerings such as educational programs, counseling services, and professional support.
The presentation also emphasizes the importance of understanding the root causes of financial stress, such as personal financial difficulties, high levels of debt, and financial illiteracy. By recognizing these causes, employers can better address the issue of financial stress and create a more productive and healthy workplace for their employees.
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