Companies increasingly realize that employee financial wellness is crucial to their bottom lines, and to employees stressed over money—particularly as they approach retirement knowing their savings are falling far short.
A study at TradeSchools.net unearthed some of the reasons that people are doing so poorly at saving for the future: the timing and circumstances surrounding their education (if any) regarding personal finances.
The situation is serious. Financial stress takes a toll not just on employees but also on a company’s bottom line, via reduced productivity, increased health issues with correspondingly higher health care costs and lost time at work.
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