Helping employees save for their financial future is a top priority of employers. But what about helping workers improve their finances in the present?
For low- and moderate-income workers, making ends meet week to week can be an uphill battle. The resulting financial stress can amount to $250 billion a year in lost productivity, says Timothy Flacke, executive director of Commonwealth, a nonprofit that aims to boost financial security across the workforce. But there are simple steps employers can take to create some peace of mind for these valuable workers.
