Maximizing Financial Well-being in the Workplace - The Daily Scroll

Financialwellbeingis about feeling secure and in control. It is about making the most of your money day to day, dealing with the unexpected, and being on track for a healthy financial future. In short: financially resilient, confident and empowered. It’s about being empowered, to be resilient, in control and safe during the tough times. And make betterfinancial decisions for the good times too. Why low employee financialwellbeingis a problem for employers. Money worries are a major cause of stress intheworkplace. Financialwellbeingintheworkplace – An Overview. Financialwellbeingis about giving people choices. It’s having the skills, knowledge, confidence, and motivation to make informed financial decisions. Why does financial capability matter intheworkplace? FinancialWell-Being Offerings for UI Faculty and Staff. Financialwell-being classes and events are held throughout the year on a variety of topics ranging from paying off student loans to maximizing your retirement assets. Early reports are showing how financial stress intheworkplaceis harming employee productivity. This issue is something all employers should be concerned with, as employee health must be of paramount importance.