Three Things Company Administrators Wish They Knew About Their Employees

Your employees are currently struggling with personal financial stress, which prevents them from working at maximum capacity.

Sure, you overhear your employees talking about their lives, but even though financial stress is a huge component, it's no likely you'll hear about it. However, as their employer, you can actually help without really impacting your company's budget.

Luckily, just knowing financial stress exists for your employees is half the battle. Once you pinpoint the primary stressors, you can contribute to fixing some of those problems. As you do, you will improve employee commitment while increasing work productivity for your team - two key factors that allow financial stress interventions to pay for themselves.

Here are three things to know about your employees that they might not even know themselves:

1) Your employees' financial stress is costing you money.

2) Employees welcome quality financial wellness services when provided by their company.

3) As employees increase their financial wellness, work productivity increases.

To be effective, services must be dynamic and individualized for each employee. Financial literacy training is not enough. What is needed is a tailored, self-paced program that meets each employee's current financial concerns. Not all financial wellness services are created equal. Look for evidence-based services that meet each of your employees' individual needs. As your employees feel more empowered financially, their work productivity increases simultaneously. And that's a win for you and your employees.

-Written by: Financially Fit Employees Founder, Kimberly Greenman-