Money worries distract workers. Employees who are stressed out about their finances generally have trouble focusing on work and don’t give it their best effort, resulting in a loss of productivity. Moreover, employees who are living from paycheck to paycheck are unlikely to direct money to a workplace retirement plan and, if they do contribute, they tend to contribute small sums. Financially stressed employees are also more likely to leave… Read More
Sofi CPA Advisory Group | Accounting Blog