Fiscally Fit, a report created by The Wellness Council of America (WELCOA), makes a strong case for employee financial wellness as a top prioritiy in contemporary society. The report "presents important information that will help worksites to meet the looming financial crisis for American workers."
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In this two minute video, The EDSA Group’s Chief Executive Officer Susan Windham discusses what EDSA does, how we can help your employees manage their finances, what employers stand to gain from providing financial education, and the kind of educational solutions we provide.
This study focuses on the relationships between employees’ financial stress, emotional health, and work absenteeism. The Transtheoretical Model of Behavior Change (TTM) was used as the framework for the study. Financial distress and emotional health were measured using the Personal Financial Wellness Scale (PFW). The research concludes with the proposed option of financial education to reduce financial distress and worker absenteeism.
