Money issues are stressing your employees out.
A recent survey found that above all other issues — relationships, work, even health concerns — money matters were the most overwhelming to handle.
Even with a stable economy, PwC’s 8th annual Employee Financial Wellness Survey revealed that employees feel cash strapped and debt-heavy. Few employees surveyed felt that their pay was keeping up with the cost of living increases.
The survey also found:
- Most felt they’d be working into retirement
- Student loans are a financial wellness hinderance
- Caring for both parents and kids is costing them
Below, we dig into the survey findings and offer financial wellness tips for employers to help employees improve their financial well-being.