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With a global pandemic, rising inflation rates, and warning signs of an oncoming recession, it's no wonder that 72% of employees are stressed about their finances. In fact, finances are the No. 1 cause of stress for employees – more so than work, health, and family issues.
Join our LinkedIn group, ALM's Small Business Adviser, a space where small business owners can gather to network, have discussions and keep up with the trends and issues affecting their industries. Over the course of a year, a full-time employee may spend nearly 20 days stressing about money. When enough employees are financially stressed, this can start to weaken your company culture.
As a small business owner, there is plenty you can do to help support your employees' wellbeing. One of the most important places to start is to offer financial perks. Not only are more employees than ever craving financial benefits, they are expecting it at work.
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