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Barbara Weltman

Big Ideas for Small Business, Inc.

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Workplace Dynamics Driven by Employees’ Financial Stress

December 13, 2023 / By Barbara Weltman

That’s the finding of MetLife’s Small Business Employee Care report. Four out of 10 small business employees report they have poor financial health. This financial stress has adversely impacted their mental, physical, and social well-being. Small business owners, while sensitive to the problem, may underestimate it, with 81% thinking their employees are in good financial health. What can employers do? The report says small businesses must deliver on employee care (e.g., offering flexibility and work-life balance, career development and training, and wellness programs and benefits). #IdeaoftheDay

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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