Financial stress can impact every aspect of a person’s life, including their physical and mental health and their ability to be productive on the job. According to PWC, 58% of employees admit they’re stressed about finances and distracted at work, and 63% say their financial stress has increased since the start of the pandemic. Employers who are able to offer a financial wellness program can provide real value to their employees and stand out as an employer of choice.
With lean operating margins, small business may assume providing financial wellness benefits to their employees is beyond their reach, however much they want to help. This tip sheet provides an overview of ways to support this aspect of employees’ lives without breaking the bank.
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