Canadian employees want their employer to help them become more financially literate, according to a survey by the Canadian Payroll Association.
The survey shows that 80 per cent of respondents are interested in some sort of employer-provided financial education program, reports Benefits Canada. Published during Financial Literacy Month, the survey reveals a high level of stress related to financial insecurity, with employees saying that impacts job performance.
“Financial stress affects both mental and physical health which can impact workplace productivity. Increased financial literacy can help reduce financial stress,” Jane Rooney, financial literacy leader at the Financial Consumer Agency of Canada, isn quoted saying.
“Employers are in a unique position to reach people where they are and help them develop the knowledge, skills and confidence to make informed decisions. The results benefit everyone.”
More: Almost half of respondents are living paycheque to paycheque.

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