ByWhen it comes to financial well-being, many workers struggle. They aren’t able to pull together cash for an emergency or make meaningful payments on student-loan or other types of debt.
Employers have started to recognize this—and the impact it has on productivity. Employees might miss work over relatively small issues if they don’t have the cash to fix flat tires or get gas. Student-loan debt can keep them from participating in retirement plans.
Duh 😒
How about PAYING THEIR EMPLOYEES MORE? Unless they’re rocket scientists, this isn’t rocket science.
If only there were some simply way for companies to help their employees be more financially secure. Something easy, that could be included in an automatic recurring benefit, like every 2 weeks.
millas_retiro doing the same in Mexico, automatic enrollment to voluntary savings! Peace of mind! nohaymejornegocioqueayudaralosdemas
I think it's better to milk employees until they are husks then outsource their job. I don't foresee any future issues with this strategy.
When employees have less financial stress they are better employees. Budget
Yeah, this trend is all the rage these days! I dunno though, call my old-fashioned, but I prefer blatantly disrespecting my employee’s rights to financial stability or a reasonable income. It’s so much more profitable.
how about pay them more
If you need your company to help you save money, you shouldn’t have been hired in the first place. The infantilization of our adults is near completion
For people in debt, paying off the debt should be 1 priority. If it's credit card debt, then unfortunately the credit card limit will have to serve as your 'reserve' as you pay it down. This is why credit card debt is generally a bad idea, but you play the hand you're dealt...
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Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »