'Worried sick' isn't just an old turn of phrase, due to financial stress it’s a reality for many employees.
While driven by the best of intentions, countless financial wellness programs fail to address the real financial concerns of employees and deliver potential productivity gains to employers.
You can’t expect to deliver a mutually-beneficial financial wellbeing program if you aren’t clear about exactly what financial wellbeing means.
Absent and distracted employees cost Australian businesses billions of dollars last year. The reason: they were stressed about their personal finances.
As an employer, taking an interest in your employees’ financial wellbeing is not only part of your duty of care, there are business benefits for doing so.