DATA: HOW EMPLOYEE FINANCIAL HEALTH IMPACTS CHAIN STORES
Retailers have been hit hard by COVID-19, as many pivot to respond to shifts to curbside pickup and new policies. Amidst these challenges, retailers must understand employees — even those they keep, redeploy or rehire — will struggle to manage financial stress, which will impact performance and profitability. In fact, it’s estimated employers lose 150 hours of productivity per employee annually due to financial stress1.
Access Netspend’s whitepaper revealing new research on the impacts of employee financial health and strategies retailers can deploy to improve retention, engagement and performance.
1Chicago Business Journal, April 2019, “Employees’ Money Worries Drain Employers’ Bottom Line”