Day: October 15, 2018

Well, maybe not. We’re all familiar with absenteeism. “Bob is out sick today.” He’s not here, so don’t expect any production from him. Management understands that unless the other workers pick up Bob’s production, output will be down today by one Bob. But what about presenteeism? Bob’s here at work – see, that’s him over there – but, is he actually being productive right now, or is he really trying to figure out how to pay for a new transmission for his car? Absenteeism is usually regarded as...

Many of today’s employees begin their adult lives without essential financial knowledge. They don’t know the basics of balancing a checking account, or how to use credit responsibly. Nor do they know how to save, budget, buy a home or plan for the future. Schools will teach students about history, but not money. In fact, according to the 2017 Financial Report Card1 from Champlain College’s Center for Financial Literacy, only 5 states earned an A on the ability of their financial literacy education...