Money worries are the biggest source of stress for Canadians.

Employees with financial stress say it affects their performance and ability to focus at work. This can lead to lower productivity. Helping your employees improve their financial well-being will reduce the negative impact of financial stress in your workplace.

Learn how to get started here: www.canada.ca/financial-wellness Video description:

Why your employees’ financial well-being matters

Money worries are the biggest source of stress for Canadians.

40% feel overwhelmed by debt (Source: Canadian Payroll Association, National Payroll Week Employee Research Survey, 2019)

Financial stress impacts your employee’s health and your organization’s bottom line.

Financially stressed employees are twice as likely to report poor overall health (Source: Centre for Financial Services Innovation, Sohrab Kohli and Rob Levy, Employee Financial Health: How Companies can Invest in Workplace Wellness, 2017) and 5 times more likely to be distracted at work (Source: Price Waterhouse Cooper, Special report: Financial stress and your bottom line: Why employee financial wellness matters to your organization, 2017).

Overall, 43% say stress impacts their performance at work (Canadian Payroll Association, National Payroll Week Employee Research Survey, 2019)

Offering a financial wellness program in your workplace leads to:
• Higher productivity
• Lower absenteeism
• Improved morale
• Reduced turnover, higher retention
• Increased profits or lower costs

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