Written by Roland Chiwetelu, Consultant, Financial Education & Employer Services B. Comm., CFP
The notion that a healthy workforce is more productive has become a ‘given’ for today’s top employers. What’s less commonly discussed is the professional advantage that healthy employees have over those who fail to prioritize wellness. It’s increasingly clear that individuals who use health and wellness programs offered by employers are less likely to suffer from stress, which frees them to focus on personal and professional goals, giving them a competitive edge over their peers.
Top employers and Human Resources experts alike recognize that stress – particularly, financial stress –impacts employee health and distracts individuals from professional development. In an effort to remove this impediment, many firms now offer health and wellness tools like financial education programs that raise financial literacy and preparedness. They realize that an individual who can better manage debt, maintain lifestyle, make investment decisions, and take full advantage of the value in his or her pension and savings plan is better able to focus on professional development activities – and that benefits everyone.