Employees who are under financial stress can have a negative impact on an employer in many ways. They may show up to work distracted, for example, which could mean they’re less productive or more likely to make mistakes. They may become agitated more easily, which can lead to other workplace issues. They may even take more sick days, either due to stress (and resulting physical problems) or because they have to leave to handle financial issues.
There are a lot of ways that employers can have a positive impact on an employee’s financial well-being beyond simply providing a paycheck. Any of these items could help employees to get on better financial footing or help to ease concerns that may be weighing on their mind.
