Why Your Problem Employee Could be a Problem - Wellbeing Wisdom Tiny Bites
Do you lead a team, and someone on that team is struggling? Have you tried to coach them, only to see the struggle continue?
Consider their personal financial life, because financial stress can have a significant impact on an employee's well-being and work performance. It might look like decreased productivity, anxiety, distractedness, poor relationships with co-workers, and even poor physical and mental health.
When they’re struggling financially, they might be at the end of their resilience, meaning that anything else that feels stressful can cause lashing out or even walking off the job completely.
You can help someone in financial stress by first considering it as a possibility, and then looking into resources your company or other organizations offer. Financial counselling, mental health resources, and flexible working arrangements could make the difference between keeping someone who was once valuable to the team and having to find someone to replace them.
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