Employment is up; that’s a good thing. But just having a good job doesn’t mean that your employees are financially “well.” Present statistics show that 80% of employees experience moderate to severe financial stress. 63% don’t have $500 on hand for emergencies and more than 70% don’t have even $15,000 saved for retirement.
You don’t need a “financial wellness” program to sell them more credit cards or advise them on investing money they don’t have.
What you need is a strategy for really helping them to get a handle on their finances and get out from under some of that stress.
Financial stress is what’s keeping your employees from being more productive, happier and engaged at work. Financial stress can lead to poor health and may be a big factor in employee retention problems.
Best Money Moves is a different sort of financial wellness program designed to help employees manage the cash they have, pay down their debt and develop short and long term goals that will relieve some of the stress they are feeling in their financial lives.
Best Money Moves has built a mobile-first platform that measures employee financial stress, then dials it down with a unique content-mapping system that helps solve your employees’ financial pain points.
Less stressed employees are more productive, healthier and more reliable.
Best Money Moves is a service sold to employers who then offer it to their employees as a free employee benefit, because having less financially stressed employees leads to all types of good outcomes for employers.
Contact Integrity Data (888-786- 6162) today to find out more about Best Money Moves and how to bring this innovative solution to your employees.
Integrity Data provides business software to improve processes around Microsoft Dynamics® GP Payroll and Affordable Care Act compliance reporting and tracking for any ERP or payroll system.