Financial wellness assessments and digital tools could be crucial to easing the financial stress holding employees back from saving enough for their future and attaining other financial goals, said representatives from Prudential during their 2020 Workplace and Retirement Outlook.
“If employees are experiencing financial stress, they are more likely to be experiencing depression or are dissatisfied with their jobs; they miss more days from work and more hours during the workday and are more likely to take short-term disability for a longer period of time,” saidYanela Frias, president of Prudential Retirement.
