The employees'financial health has a direct bearing on company's performance,and it should also be duty of the manager to pay attention to this area.There should be a balanced approach.Not that the company should think on charity or welfare schemes.Company should ensure that the employees are fairly compensated for the work they have done

This is exactly what needs to happen to help even the lowliest employee from becoming fodder during a business downturn, a layoff or similar casualty-inducing event.

Think about it: Every company goes through business cycles. Helping employees stay focused on the task at hand (the work that pays the bills for the company) ought to be of prime importance to the company, right?

Case in point: we grew a company to Inc. 500 status in the late 80's (Oryan Industries, #389 in 1998). We found that that level of growth can crush the company one cashflow crisis at a time.

Now, had we understood how to prep our employees (and management, for that matter), we could have probably improved performance by 20%-40% in almost all cases (ever caught your employees doing job searches instead of their job? That's a clue...;-)

20%-40%. Would that make a difference in the bottom line? Could you then focus more on kicking-butt in the marketplace, rather than worrying about employee attrition... or your own future position?

The answer is "absolutely".

Taking care of the hands and minds that feed you (if you're a business owner or manager) is supporting your lifeblood. I say "Just Do It".

Best of Success,
Mark Alan Effinger
PRWeb
RichContent.com

You bet.

Anthropologists have made the claim that the further along the evolutionary path you are, the longer it takes for children to mature and take care of themselves.

I didn't realize that this meant from 20-somethings through 50-somethings. Perhaps employers could pay employees more if they didn't have to fund programs that no honorable person would admit to needing. Well, actually, I know that they wouldn't, but I guess that is beside the point.

In short, take responsibility for your own life.

that should be offered at an off site facility

Good question - where does the mangers' responsibility truly lie? Somewhere between employees' emotional, physical, and (now) financial health and (oh by the way) the responsibilty to the company. It is a tight space to find oneself; two years ago I had to layoff a bright, young entry level IT Technician only to have her thank me, because she was finding herself to be a financial prisoner of the higher pay the IT industry commands and she was worried she would eventually become trapped by the money!!

it's not a bad idea. it wouldn't hurt to have a financial adviser on retainer for the employees to take advantage of say four times a year. financial health effects every aspect of your life. most marriages end because of financial problems so i can only imagine how it affects work productivity. if you are going to have on-site health facilities, it's not a stretch to offer this valuable service.

When are corporations going to learn that workers have lives and the line between personal and work is fluid, with problems or jubilations in one arena affecting the other? Of course being among the working poor is going to affect a person's productivity, just as physical and mental health does (and don't many corporations have gyms and massage therapy service?) Is withholding that extra dollar or two an hour and giving the CEO that raise or bonus of $10,000 a year really worth miserable, impoverished people who are utterly unhappy and feel utterly disrespected by their company? Ethically, morally, no. Financially, no. Highturnover, lack of people paying attention to the work they do--all have long-term impacts on a company's product or service.

"This statement that fewer than half consider themselves to be more financially secure comes on the heels of a report yesterday that said Americans have spent most of their disposable. It also solidifies all notions that we are bad at saving money. So if there is anybody to blame for not being financially secure it is each individual themselves.

However, employers should offer workshops on this topic. Employers should partner up with their local bank, such as Bank of America to have them offer these workshops to their employees at no cost to the employees (i.e. another employee benefit). It can turn out to be a win/win for everybody including the bank in that they will be able to get new bank customers out of this effort, as well as educate the employees on the importance saving and how to save.