Financial Stress Impacts Employees
58% of employees say financial matters cause them the most stress in their lives.
38% of employees don’t have $1000 saved to deal with unexpected expenses.
asking for help is hard
Financial Stress Impacts Employers
50% of employees stressed about finances are distracted at work, and absenteeism is far greater.
53% of Millennials and Gen X employees will use their retirement savings for expenses and be less prepared to retire at “retirement age”.
The cost of financial stress of your employees can be 11-14% of total payroll expenses.