Employers, Are You Listening To Employees’ Concerns?

Believe it or not, employers often fail to estimate their employees’ financial wellness, with 87% of them characterizing the financial health of those working for them as good or excellent.

As a result, only 2 out of 5 bosses provide any form of financial wellness tools or benefits.

When it comes to business leaders (CEOs/presidents/owners), the disconnect is worse, with 49% of respondents rating their employees’ financial wellness as excellent. Unfortunately, 34% of HR leaders also say the same.

What is astonishing is that despite almost everyone surveyed (97% of employers and 88% of employees) believe that their companies can do a lot more to support employee financial wellness. However, a whopping 40% of employers do nothing about it.

Read more in the original article on Toolbox: https://www.paymentssource.com/news/u-s-workers-hit-hard-by-expehttps://www.toolbox.com/hr/benefits-compensation/news/immediate-study-finds-ceos-overestimate-their-employees-financial-wellness-are-employers-really-paying-attention/nses-during-covid-19

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