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Financial Wellbeing in the Workplace – How Employers Are Being Called Up to the Plate

More than ever before, employees faced with financial hardship are leaning on their employers for wellness support amid a challenging economic climate.

As a result of COVID-19 and its related impact to the US economy, financial stressors and anxieties are at an all-time high for many working-class adults. In fact, 6 in 10 employees say that money--specifically saving for the future and paying for healthcare--is their number one stressor. Lesa Caputo, Principal and Benefits Advisor, joined the Santa Barbara News AM 1290 Radio for the HR-Minute segment to illustrate the three vital ways employers can foster a supportive environment and help alleviate stress from their employees. By implementing these steps, employers can yield higher workplace satisfaction, increased financial wellness and literacy amongst employees, and an overall improved culture.