Why Employers Should Improve Employee Financial Education

Workplace productivity is a top concern for employers across all industries. It’s a constant challenge to find new ways to improve monthly or quarterly goals and equally upsetting when managers notice a downtick in motivation and commitment. One serious factor contributing to office distraction is financial stress. According to a report by Personal Finance Employee Education Foundation, nearly 1 in 4 employees are suffering from persistent financial woes. These millions of stressed individuals find it difficult to leave their problems at the door as it’s estimated that 30 to 80 percent of employees with serious financial problems focus on their personal situation rather than workplace objectives.

BusinessGuest UserJuly 9, 2018employee financial education, business, financial stressComment

The 12 Stages of Burnout

Recently Dominion hosted a webinar called Avoiding Burnout, conducted by Michelle Steffes. During the webinar, Michelle shared valuable information on how to avoid stress and burnout while at work. Steffes mentioned that 8 in 10 employed Americans are stressed, and according to a Work Stress Survey conducted in 2013, the number increased by just 10% in one year. Some of the main reasons employees are stressed are increased demands, endless tasks, and not getting enough help at work. The burnout process has been divided into 12 phases by psychologists Herbert Freudenberger and Gail North.

BusinessGuest UserMay 18, 2016hr, burnout, business, human resources, workplace, stressComment