Most financial wellness programs try to help with personal finances. Less talked about is how career growth may also affect financial stress.
Career growth can be a strong indicator of future financial success. When employees have a strong career path they’re less worried about paying bills.
This is why you should help employees grow both their skills and offer financial wellness.
Continued Education
Paying employees to go back to school can bring many benefits to your business. Employees who go back to school are more agile.
College reimbursement programs also help attract top notch employees. Employees look for companies that care about their wellbeing.
For businesses, employees who continue to learn are often happier and more valuable.
Networking and Conferences
When employees attend conferences or industry events they can connect with other professionals. These connections help employees keep a pulse on the industry.
Conversations at events also push employees change their viewpoints and learn new skills that are important to career growth.
Company Training
The best person to hire next is likely already working for you.
Training current employees to work in new roles can be more cost effective than hiring.
Training employees to perform different tasks helps them grow within an organization. It can also build their career growth in the future.
Employees are your most valuable asset. Sometimes their financial wellness isn’t tied to how much money is in their bank account.
Helping employees grow can help them feel engaged and valued. It also boosts their job and financial security.