Health and Finances affect work productivity

Did you know that if you have financial concerns it will affect your work productivity? According to the June 2010 issue of Benefits Selling magazine, 65% of employees who are in poor or fair health are living paycheck-to-paycheck. Thirty-four percent who are in good health are living paycheck-to-paycheck. Forty-three percent of those who are in fair to poor health anticipate that their financial situation will deteriorate in six months. While 12 percent of those in good health anticipate that their financial situation will deteriorate in six months.

Employers say that 65% of their employees who are worried about personal finances affect their work productivity. Also, 52% of employers believe that financial issues affect absenteeism. Thus, decreasing productivity. Employees who have financial worries are 25% more distracted at work. Fifty-six percent of employees are worried about making ends meet. Only 37% of employees feel confident to make sound financial decisions.

How can employers help their employees and increase productivity? They can do it by providing Financial Wellness classes to their employees. Crown Financial Ministries offers different programs that an employer can offer to their employees to help them eliminate debt, create a spending plan, etc. This programs can be done at home by their employees or the employer can offer a one day six hour seminar or other classes all available through Crown to help their employees. Ultimately, they can both win by taking charge or they can both lose by ignoring the problem.

Share on facebook
Share on twitter
Share on linkedin

More Posts

Small Business

Move Your Small Business Forward with These Cashflow Basics

Image via Pexels Profit is crucial for any kind of business to maintain success. But it’s not everything. If your small business doesn’t maintain positive cashflow, it won’t be able to thrive — or even survive —  for the long-term. Put simply, cashflow is the money you have available for operating your company. It’s the

Paycheck Protection Program

The Paycheck Protection Program is back. Business can apply for loans to keep their workforce employed. Congress approved more than $280 billion in relief funds for this purpose. Remember that not all lenders will be able to process and issue funds. Smaller community based lenders who work with low income communities and minority owned businesses

Prayer for joy

A Prayer for Joy

Jesus, thank You for becoming Immanuel, “God with us.” It’s because of You that I can


Send Us A Message