Christy Defrain, vice president of account management was featured on benefitpros.com discussing the 5 signs of employee financial stress and the impact that it can have on an employer's bottom line based on research done by Harris Poll on behalf of Purchasing Power.
According to voluntary benefit provider Purchasing Power, the effects of employees’ “financial flu” can be contagious—and take a toll on their employers’ bottom lines.
“When employees are distracted at work by their financial situation…. [it] doesn’t just affect the employee. It’s a big drain on the employer as well,” Christy Defrain, vice president, account management at Purchasing Power, said in a statement.
Read 5 signs of employee financial stress online.