Open enrollment for company benefit plans is just around the corner. What better way to show that you value your employees than by encouraging them to participate in a financial wellness program?
Financial wellness can help drive improvements in employee health, quality of life and productivity in the workplace. The American Institute of Stress reports that workplace and financial stress costs U.S. businesses $300 billion each year, or roughly $1,685 per employee. A study by the American Psychological Association found that 72 percent of Americans feel occasionally stressed about money and 22 percent are extremely stressed.
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