The True Cost of Financial Stress

HFM Advisors How Much Employee Stress Costs

Calculating The Cost of Financial Stress in the Workplace.

A financial wellness program can help protect your company from the negative effects of financial stress. Your company’s bottom line can be impacted by the high cost of financial stress. This includes costs associated with turnover, as well as silent quitting behaviors such by minimal effort and enthusiasm.

But with a proactive approach to managing finances through the implementation of a financial wellness program, organizations can help alleviate money-related pressures while boosting morale and improving their company’s bottom line.

Calculate how much your company will benefit by understanding the hidden costs associated with employee monetary distress and the impact that a financial wellness program could have on your business.

 

Source:  John Hancock. “Stress, Finances and Well-being.” 2022.

 

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Offering financial wellness and education to your employees can help reduce employee financial stress which can lead to lower turnover, improved company productivity and a healthier bottom line. We are dedicated to helping you discover and implement financial wellness solutions that can positively impact your employees and your company.

 

HFM Investment Advisors, LLC.

856-232-2270

www.hfmadvisors.com

401kteam@hfmadvisors.com

102 West High Street Suite 200, Glassboro, NJ 08028

 

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This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.

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Disclosure: HFM Investment Advisors, LLC is a registered investment adviser. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. All investments involve risk and are not guaranteed. Information expressed does not take into account your specific situation or objectives and is not intended as a recommendation appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment advisor to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.

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