Stress-related illnesses cost businesses up to $300 billion a year in lost productivity,¹ and four out of five employees acknowledge some degree of financial stress.² Imagine the billions employers could save if they changed employee financial stress to employee financial well-being.
The negative effects of poor finances and financial stress:
Financial stress keeps Americans from focusing on the job. It’s causing low levels of productivity, and it’s costing employers.
Positive effects of a financial wellness program:
The bottom line is that employee financial stress is a problem in the workplace, and fixing it could mean saving your company a significant amount of money each year. Now is the time to implement a financial wellness program that will turn financial stress into financial gain.
The MSA Financial Wellness program focuses on improving and maintaining financial wellness, and general well-being, through the multifaceted approach of one-on-one money coaching, financial education, web-based learning and self-help tools, and on-going support through virtually any financial challenge or goal. MSA Money Coaches are staffed, salaried professionals with close to two decades of collective experience. With a Money Coach’s trustworthy knowledge and compassionate assistance, employees gain the direction and accountability they need in order to improve their lives.
Positive effects of the MSA Financial Wellness program:
For more information on how you can eliminate financial stress in the workplace and boost your employees’ productivity with the MSA Financial Wellness program, contact MSA today.
¹Stress in the Workplace: Meeting the Challenge. Health Advocate. PDF.
²Financial Wellness Landscape Analysis: An Overview of the Need for Workplace-Based Financial Wellness Programs. ING Employee Benefits, 2013. PDF.
³“MetLife White Paper Finds Employee Financial Wellness a Growing Global Concern for Employers.” 2011 Press Releases. New York: MetLife, 6 Dec. 2011. Web. 15 Jul. 2013.
⁴“Financial Literacy Begins at the Office.” PFEEF Newsletter. 19 Dec. 2013. Email.
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