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Offering more financial benefits is critical for employees

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T

he report card for employee financial well-being is in, and it’s bad. (Like you’re about-to-get-grounde

d bad.)Some 66% of employees said financial stress impacts their professional and personal lives, and 83% of HR pros see this stress harming productivity, according to a recent Morgan Stanley report. Also, 90% of employees think more employer-provided financial benefits would help achieve their

goals.“Overwhelmingly, employees said that due to the current economic instability, they feel employers should be more involved in helping employees to navigate these specific financial needs,” said Rodney Bolden, executive director and head of industry engagement and learning at Morgan Stanley. “But…it’s

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