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Impact of Low Financial Wellness on the Employer

Employee stress has a negative impact in the workplace. The negative impact of employees’ low financial wellness can be identified from an increase in the amount of

  • Work hours employees spend on personal business.
  • Days when employees are partially not able to work.
  • Days when employees are totally not able to work.
  • Days when employees are late.
  • Turnover.
  • Conflicts among workers.
  • Workers participating in credit counseling.

(Kim, Sorhaindo, & Garman, 2006)