Financial Confidence Improves Employee Productivity

February 2023
A man and a woman wearing professional office attire smile down at the viewer with the America Saves Week logo in between them.

The ripples from financial stress can spread across all aspects of a person’s life, negatively affecting self-esteem, relationships and work. The 2022 PwC Employee Financial Wellness Survey found that employees are six times more likely to say that financial stress majorly impacts their productivity at work. Numerous studies have shown that increasing financial confidence among workers is the key to reducing stress and boosting productivity.

America Saves Week (February 27-March 3) presents an opportunity for employees to do a check-in on their finances over five days. By the end of the week, they’ll have addressed: short-term and long-term saving goals (such as an emergency fund and retirement), the best strategies for saving successfully (saving automatically and reducing debt), and how to have healthy conversations and instill positive financial behaviors with their family.

Check out americasavesweek.org for additional resources and a digital toolkit to help you promote savings among employees.

myVRS Financial Wellness Offers Tips, Tools and Time-Savers

A great place for members to get a holistic view of their personal finances is through this free award-winning program. Self-paced and easy to use, myVRS Financial Wellness includes articles, videos, calculators, educational games, budgeting tools, webinars and courses, all designed to help users grow their knowledge and confidence in everyday financial decision-making.

Visit and use ready-made materials in our myVRS toolkit to share with your employees in emails, newsletters and your intranet. Right-click the graphic below to save or copy the image.

VRS encourages using myVRS Financial Wellness year-round – but there’s no better time than America Saves Week, February 27 – March 3. Learn more about the themes highlighted by this nationwide savings event at americasavesweek.org.