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About 68% of employees face financial stress: Survey

Nearly three-fourth of employees of the 1,000 surveyed by ArthaYantra, a financial advisory, say they have not thought about retirement and don’t know how to save for retirement.

Published: 26th April 2017 05:53 AM  |   Last Updated: 26th April 2017 05:53 AM   |  A+A-

By Express News Service

HYDERABAD: The Financial Wellness Survey conducted by ArthaYantra also said that 68 percent of employees face financial stress.

About 37 percent confirm that issues with personal finance are a major cause of distraction at work. Above all, more than 85 percent of employees want their organisations to provide personal finance advice that will help them reduce stress. Looking at these facts, it is imperative for employers to partner with experts to address employee’s financial worries.  These findings resonates the global trends across all corporates.

“Employees spend more than two-third of their time at work and are a critical asset to any organisation. Financial wellness today is the fastest growing Employee Benefit programme,” says Nitin Vyakaranam, Founder & CEO, ArthaYantra.

Financial planning starts with a comprehensive online assessment of the employee’s financial health. This is followed up by tailor made program that addresses the issues faced by the employee. The requirements for each employee range from saving for retirement, buying a home, liquidity crunch, not meeting household expenses, planning for medical emergencies, children’s education and marriage or just taking a vacation!



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