Wellness has emerged as a significant challenge for many Americans in recent years. Financial, physical, and emotional wellness challenges influence all aspects of a person's life, including their work. For employers, this means employee stress can result in high absenteeism, high turnover, increased benefits claims, poor retirement and other savings behaviors, and reduced workforce productivity.
LIMRA surveyed nearly 4,600 U.S. workers to measure their financial wellness levels and the impact that financial wellness has on their work. Our research shows that financial wellness is a concern for many working Americans and that employers should be concerned, as financial wellness can significantly impact workforce engagement and productivity.
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