JOURNAL ARTICLE

It's Time to Prioritize Employees' Financial Health.

  • Published In: Harvard Business Review Digital Articles, 2024. P. 1 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Thakor, Manisha 3 of 3

Abstract

This article discusses the importance of prioritizing employees' financial health in the workplace. It highlights the high levels of financial stress among employees and the negative impact it can have on their well-being and productivity. The article suggests three steps that employers can take to improve employees' financial health, including adopting an ecosystem approach to benefits, providing effective ways for employees to choose and maximize benefits, and hiring external or in-house experts to educate employees on financial well-being. The article emphasizes the need for holistic financial wellness programs that cover various financial decisions, not just retirement savings. [Extracted from the article]

Additional Information

  • Source:Harvard Business Review Digital Articles. 2024/01, p1
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2024
  • Accession Number:174831904
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