Are your team members doing all they can to invest in their futures? Do you have team members who are distracted and worried about the state of their personal finances? Are all of your employees making the most out of their 401(k)s?
Especially in turbulent times, it’s important to empower your team members with financial education. Financial literacy decreases employee stress, increases productivity, and promotes employee financial security. In fact, a 2014 Financial Finesse study on financial stress found that 86 percent of employees experience some level of financial stress — and financial stress can negatively impact turnover and productivity in your organization.