Employers need to show they understand employees' fears, let them know they are not alone in benefits decisions and communicate how the solutions offered can protect their financial health and well-being. (Photo: Shutterstock)
Stress and anxiety are a part of everyday life in today's fast-paced, always-on environment. Concerns around family and finances can lead to increased pressure at home, and lost productivity at work. Fortunately, employers can help ease some of this stress and improve engagement by offering employees solutions to safeguard their family's financial future.
Sharon Scanlon is the senior vice president of customer experience (CX) and producer solutions at Lincoln Financial Group and serves as Chief Marketing Officer for Workplace Solutions, which encompasses two of Lincoln Financial Group's core businesses — Group Benefits and Retirement Plan Services. Even before the pandemic, 58% of employees said their finances caused them stress, more than their work situation (51%), health issues (45%) or family issues (44%). And now, an overwhelming 91% of full-time U.S. employees say they are concerned about some aspect of financial wellness in light of our current environment.
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