When employees are faced with a financial crisis, the last thing they want to do is bring attention to the issue at work. By partnering with a third party relief fund solution, employers can offer a way for them to seek help while respecting their privacy.
Financial insecurity can affect anyone and has a pervasive impact on all areas of life, including work. In a recent survey from fintech company SoFi, 33% of employees said money-related stress makes it difficult to concentrate on tasks and a quarter said it impacted their productivity and confidence. Out of the 14 hours respondents said they spent worrying, 8.2 hours was while they were at work — the equivalent of an entire workday.
