Think money stress isn’t impacting employees at work? Think again. In the A Closer Look: What’s Working in Workplace Financial Education survey report, only 4% of employers indicated employees’ personal financial issues had no impact on their overall job performance.
According to the survey, employees are more financially savvy (61% of workplaces reported) and more prepared for retirement (71% of workplaces reported) when their organization has a financial education program in place. The survey revealed the length of program as an important factor to its overall success, with almost half of employers reporting their 10+ year program as successful compared to one to two year-old programs.
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