Employees care that you care, so their financial wellness should be important to you. Here’s why.
- According to Benefits Pro, employees report spending an average of 45 minutes each day dealing with personal finances.
- According to Benefits Pro, the World Health Organization calls financial stress the “health epidemic of the 21st century,” and it’s costing employers almost $300 billion a year.
- According to the 2017 PwC Survey, about 70% of the population lives paycheck to paycheck, and 65% do not have enough savings to cover a $400 unexpected expense.
Financial stress is taking a toll not only on employees but also on businesses.
What financial wellness benefits are you providing to your employees?
The patented FlexWage financial wellness solution, OnDemand Pay, helps employees solve short-term cash needs while keeping them out of the debt trap. Employers get a more productive employee who appreciates the relief!