Most everyone knows what wellness programs are designed to do for the body—help you get and stay more physically fit and be more proactive for your personal health. But what about financial well-being? Do your employees suffer from the financial flu?
Money worries have become a significant distraction for employees during working hours. Not Facebook, not chain emails, not weight loss—worries about money. Although many U.S. businesses have recovered from the Great Recession, many who work at those businesses haven't.
The Society for Human Resource Management says those worries are now a huge drain on employee productivity. According to SHRM, seven out of 10 human resource professionals said that personal financial challenges have an impact on their employees' performance. And nearly 40 percent of employees are facing greater personal financial challenges now compared with the onset of the recession in 2007.
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