It’s time for benefits professionals to face the harsh reality that 78% of employees are living paycheck-to-paycheck, with little to no emergency savings. When a financial “shock” inevitably occurs, employees frequently sacrifice their futures to make ends meet today by borrowing from retirement or avoiding medical care.
The stress, delayed retirements and talent retention issues caused by this dilemma are costing both employers and their employees dearly. Learn how a thoughtful approach to financial wellness is key to improving employee wage satisfaction, productivity, retention, and more.
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What’s inside:
- How many of your employees are living paycheck-to-paycheck?
- What do your employees do during a financial emergency?
- What do delayed retirements and financial stress cost your business?
- How can honing your focus on financial wellness programs employees need help solve the American Savings Dilemma?