My brother had a saying that being a good employee didn’t pay better—but it did pay longer. That is true not just for the employee, but also for the employer. The impact to the bottom line of a happy employee compared to that of a disgruntled one or even more, turnover is profitability to the business.
A recent survey by State Street Global discovered that employees that are financially healthy bring these benefits to their employers:
- Participants who feel financially well tend to attribute those feelings to their employer;
- As feelings of financial wellness improve, participants’ feelings about their working life and their employers improve as well; and,
- Happy employees gave their employers the highest trust rating.
Financial wellness is important not just to the individual, but also to your enterprise. To read more about the survey, click here.
For more about the 401 (k) Shield click here.
Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer member FINRA/SIPC. Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Financial Planning Services offered through Axiom Advisors, LLC, a Registered Investment Advisor. Axiom Advisors, LLC and Cambridge Investment Research, Inc. are not affiliated.