A recent MetLife Employee Benefit Trends Study found that 49% of employees are concerned, anxious, or fearful about their current financial well-being, and 74% state that they gain peace of mind by achieving financial well-being through their employee benefits. Because financial concerns can cause high levels of stress & anxiety, productivity can easily take a hit in the workplace if employees are worried about their finances. HR professionals aren’t ignorant to this fact either: 66% agree that employees are less productive at work when worried about personal finance problems. In this whitepaper, we evaluate the unique needs of each generation currently in the workforce, how companies can cost-effectively offer benefits catered to each generation; and explain how offering identity protection can help companies meet their recruiting & retention goals and even increase productivity within the workplace.
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