According to a joint report from the Asset Funders Network (AFN) and the University of Wisconsin Center for Financial Security, more than half of all employees in the United States say they are financially stressed, with nearly one-in-three employees admitting to being distracted in the office due to personal finance issues. As a response to this troubling data, the two detailed how embedding financial coaching services into the workplace provides and effective model for promoting greater financial health for employees. Their research included innovative approaches employers believe increase recruitment and retention while impacting their employees’ financial well-being.
To read the full report,click here.