Forbes September 25, 2023
“Money can’t buy happiness” might hold some truth, but financial well-being and mental health are deeply connected, shaping not only the lives of individuals but also the success of the companies they work for. And much like workplace mental health offerings, an organization’s approach to employee financial wellness must be multi-faceted to be successful – joining education, resources, and support.
Recent studies have illuminated the powerful interplay between financial health and mental wellbeing. According to MetLife, employees who felt secure about their finances reported significantly higher levels of happiness (84% vs. 55%) and engagement (78% vs. 53%). This isn’t a mere coincidence; it’s a testament to the fact that employees who aren’t burdened by financial stress are better equipped to...
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