#MoneyMonday| According to the Floatpays State of Employee Wellbeing Barometer 2022 , SA workers are highly stressed, leading to R38bn loss in productivity
- The study showed that in South Africa, losses in productivity equated to 128 million days, which accounted for R38 billion, or around 2 percent, of the country’s gross domestic product.
- This research suggested that financial stress was a key detractor from employee wellness. It was also an impairment to cognitive functioning which in turn can lead to a reduction in productivity.
There is a strong business case to be made for providing employees with financial wellbeing support. What exactly is financial wellbeing support and do we experience it at work?
Guest: Gerald Mwandiambira , Award winning CFP® Professional , Speaker
and Author For professional financial planning and wealth creation and
management
visit www.askgerald.co.za
Twitter: @AskGeraldCFP