If you run a business, your human capital is likely your most important asset. The employees that build, sell, and support your products or services are critical to your success.
So what is financial wellness and why does it matter?
If you’re an employee, financial wellness is having an understanding and being confident of how your finances can prepare them for their life changes. Work can be stressful enough without adding in the day-to-day financial stress most of your employees likely face.
As an employer, it’s in your best interest to provide benefits to your employees that will reduce their financial stress. By doing so, you’ll see higher productivity, lower absentee rates, and improvement in your employee retention rates. MainStreet Financial Planning can help.