3 Tough Conversations Corporate America Needs To Have About Financial
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:
Why financial education alone simply isn’t enough
The importance of encouraging people to think about becoming financially independent versus saving for retirement
The significant benefits that financial coaching can have for your employees