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1 in 3 Employees report personal financial issues are a distraction at work.
An Employee’s financial challenges can cost an Employer
$5,000-$7,000 in productivity loss
on an annual basis, per Employee.
Small Business
10 Employees
Currently losing at least an average of $15,000 a year in productivity
Midsize Organization
250 Employees
Currently losing at least an average of $415,000 a year in productivity
Large Enterprise
1,500 Employees
Currently losing at least an average of $2,500,000 a year in productivity
Financial Health Network reports:
78% of employees with high financial stress say it distracts them at work
74% of employees say its important for an employer to offer financial wellness benefits
71% feel comfortable getting personal finance support at work from a financial professional
60% say they would be more likely to stay at a job that provided useful financial wellness programs
Workers with high financial stress are 2x’s as likely to use sick time when not ill.