One of your key areas of interest should be how debt stress impacts the work of your employees. In this post, we’ll direct you to some recent research and interesting news articles on the subject.
One of the biggest sources of your employees’ financial stress is debt. When workers are stressed about credit card or other debt, it is bound to affect their work. The entire office atmosphere may be affected and your business may suffer.
It’s no wonder debt is a problem in a society that grows by marketing instant gratification and easy access to credit.
Employees may be the ones struggling with debt, but employers can help. Providing basic money managing skills and savings strategies will help them lower their debt and thus lower their stress levels. Then they will be able to focus on their work without that distraction. Read this article on Benefitnews.com to see how employers can establish a financial wellness platform.
Financial stress can be detrimental to pregnant women. A new study by the Institute for Behavioral Medicine Research at The Ohio State University Wexner Medical Center found that mothers who stress about debt during pregnancy were more likely to have a low birth weight baby. That of course leads to medical issues that can further increase stress. Read the article here at consumeraffairs.com
Retaining talent is an overriding concern for today’s employers, but your employees won’t stay on board if they don’t have good leaders. Forbes.com gives us 10 red flags to look for in determining competent leadership.
Building a budget is one of the first – and most important – steps in managing your finances and it’s one of the biggest stumbling blocks for Millennial employees. Read a list of questions they should be asking and you should be answering at bestmoneymoves.com
LinkedIn is a great place to start your search for new employees. Learn how to interpret profiles to see if the candidate is a match. Benefitnews.com gives you 10 LinkedIn red flags to avoid.
Flexible scheduling is a hot employee benefit this year, but employees may feel that taking advantage of it will make them appear lazy. A recent survey found that two out of five people worry about using the flexibility their employers offer, fearing it could jeopardize their jobs. Read about flexible scheduling at Benefitspro.com
Planadvisor.com contends that companies benefit from having a financially secure workforce. A survey of financial industry CEOs found 82 percent think a financially secure workforce helps their bottom line.
Finding meaning in one’s work has been shown to increase motivation, engagement, empowerment, career development, job satisfaction, individual performance and personal fulfillment, and to decrease absenteeism and stress. Read what employers can do to make work more meaningful
A healthy, happy workplace is not just good for your employees; it’s good for your bottom line, your reputation and your continued growth.
To learn more about employee wellness programs, contact Integrity Data 888-786-6162