Recruiting
Employees’ financial stress could have an impact on your recruiting efforts.
Many of the best employees are referrals from your current employee base. This word of mouth can reduce the time, effort, and cost of recruiting new employees. Those who are reporting financial stress are not as likely to be proud to work for their employer (72% vs. 77% of those who are not stressed) and less likely to recommend their employer as a great place to work (66% vs. 72% of those who are not stressed).
Do you want a financially healthy, highly engaged workforce? Get in touch to learn more.