8 steps for measuring the cost of employee financial stress

May 2009
Employee Benefit News;May2009, Vol. 23 Issue 6, p54
The article discusses the process involved in measuring the cost of employee financial stress. The entry notes that human resource (HR) managers should seek formal approval from senior management before implementing cost-saving opportunities that can come from reducing employee financial stress. The section cites that HR should identify a focus group consisting of salaried and hourly employees as its test site, and inform the concerned employees regarding the financial stress evaluation process.


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