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A new study suggests that financial stress has become a top issue for employees, and a major driver of employee turnover at a time when companies are desperate to attract and retain workers.
The new analysis by SecureSave found that 63% of employees would be unable to cover a $500 emergency. The impact on employers is dramatic, with the report noting that U.S. companies collectively lose $4.7 billion a week in productivity due to employees dealing with financial stress.
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