Employee Financial Wellness in a Nutshell
AIHR Learning Bite: Employee Financial Wellness in a Nutshell
Financial wellness (or financial wellbeing) refers to a person’s overall financial health and the absence of money-related stress. It’s the result of successful expense management.
Financial wellness is an important part of overall employee wellbeing which consists of physical, mental, and financial wellness. But why exactly is financial wellness important? Here are several reasons:
- Absenteeism and Presenteeism
- Happy & healthier employees
- Productivity loss
Find out more in our in-depth article on employee financial wellness.