To bring their best to work, employees need to be physically, mentally and financially healthy. Through our ongoing research, our goal is to help employers of all sizes come to a deeper understanding of the connection between employee health, wealth and their company’s success.
Our continued health and wealth research established:
- 2014: Poor financial wellness affects employees’ emotional, mental and physical health – lowering their engagement and productivity at work.
- 2015: Financial stress has an alarming effect on overall well-being. The best approach is to help employees manage their health and wealth together.
- 2016: Finances continue to be a major source of stress and it impacts an individual’s mental and physical health leading to absenteeism rates and lost productivity.
- 2017: Financial shame and embarrassment are preventing employees from taking action to improve their financial health – impacting their productivity and recovery. Plan sponsors have a role to play to address stigma before making tools/education/resources available.
To learn more visit manulifehealthandwealth.ca.
Manulife’s health and wealth research confirms the strong connection between an employee’s financial wellness and their overall health.
For questions, contact your Manulife representative.
*The Financial Wellness Report will only be produced for a plan sponsor if a minimum of 25 members have completed the assessment. The report is not available to all clients.