Three out of four American workers don’t have $1,000 available for a financial emergency. And until the past decade, most employers didn’t see the lost productivity – and lost profits – that resulted. Employers seemed to be saying “Employees have to make their own decisions on what they do with their money; it’s their problem, not mine.”
That mindset is swiftly changing says David Kilby in his innovative book, The New Productivity Engine. “it’s the employees’ problem,” he agrees, “That is, until they start using company time and resources trying to fix their personal financial problems. Then it pretty quickly becomes the employer’s problem.”