SAFE CU HELPS EMPLOYERS RESOLVE FINANCIAL DISTRACTION
North Highlands, Calif. August 3, 2011 – A silent epidemic afflicts 30 million workers in the US – a quarter of the American workforce – and it could cost a business up to $15,000 per year per affected employee. In today’s economy, it’s no surprise that people are concerned about their financial well-being, and studies indicate that many individuals are so distressed that they are being financially distracted at the workplace. Companies’ bottom lines are taking huge hits due to more than 80% of financially-distressed employees dealing with these issues at work, resulting in decreased productivity, increased stress, and reduced job satisfaction.
Those that understand the importance of alleviating employee stress and providing for employee wellness are finding themselves having to get creative on a shoestring budget in order to help employees cope. Employers have much to gain by taking ownership of the financial health and well-being of their employees.
North Highlands-based SAFE Credit Union has created a true enhancement to a company’s benefit package at no or low cost, at a time when benefits are often being reduced.
SAFE@Work, the employee financial wellness benefits program offered through SAFE, helps employers improve productivity, reduce employee stress, and increase loyalty. SAFE@Work provides confidential financial wellness assessments, customized on-site financial literacy workshops, one-on-one coaching, and other valuable financial tools and resources.
As featured in the Sacramento Business Journal, experienced professionals from SAFE’s Community Banking division are working successfully with regional employers to develop and implement programs to meet the needs of their employees.
Established in 1940, SAFE Credit Union maintains assets in excess of $1.6 billion and serves more than 150,000 members through 21 branches in the greater Sacramento region. Visit SAFE online at safecu.org.