Corporate America is financially unwell, and no one knows this better than employees facing money struggles. As an employer, you might think offering flexible work, a 401(k) match and team on-sites will cultivate loyalty, but what your employees want isn’t more Zoom meditation practices. They want to feel financially stable.
Financial security is a key component of employee retention. Nearly one-third of full-time workers are seeking new jobs, and 65% of those people are driven by money, according to a recent survey.
To fix the issues, we need to talk about them first. This playbook examines how starting conversations about financial literacy can change your employees’ lives — and your employee retention. It discusses: