More than 70% of Americans experience stress about money—the result of financial insecurity, household debt, lack of savings, or retirement concerns. Financial worry can make an impact on employee health, resulting in high stress, poor sleep, weight gain, and more.
Employee well-being isn’t just about physical health anymore. Financial well-being has become an important element in improving overall well-being and assisting employees with financial decisions. Katherine Kelton, chief people officer at StayWell, discusses how employers are addressing complicated financial concerns and expanding employee benefits to include additional support for money management.