However, coming at the end of the year, with the great economic impacts of the pandemic and the hope given to recent vaccines created by major pharmaceutical laboratories, there is an area that will need increased attention from companies, government, employers and financial intermediaries. : workers’ financial health.
And a separate case should be the financial well-being of women, who are affected by the dynamics of gender inequality that still permeates many aspects of our society. If we put it on a statistical subject, an average worker takes between 3 and 6 hours of work per week thinking about their financial situation, but if we do a much more in-depth analysis, what we will find is that the time they allocate to these topics is superior.
Statistics tell us that they spend about 15 hours a month worrying about money issues compared to men who spend 12 hours, and one in 5 spends more than 20 hours on these issues.
Women have different needs and situations, which undoubtedly place them in a more vulnerable situation in the current economic scenario, with great financial disadvantages. They are the first in line when it comes to caring for children and the sick, doing unpaid household chores, they are the first to put their careers and jobs aside if raising children requires it.
To this must be added that their life expectancy is higher than that of men; Data from the National Council for Population (Conapo) indicate that by 2030, female life expectancy will be 79.6 years, while for men it will be 73.8 years.
Women have unique financial challenges that corporations do not necessarily address, so it is vital that companies begin to implement tools and strategies that enable their employees to meet future challenges and achieve their goals at every stage of their professional lives. and staff.
And what can I do about it? Undoubtedly, they need to take into account the socio-economic context we are going through and understand that the cost of living is constantly rising, which decreases the purchasing power of their employees, as well as the value of their assets. Therefore, they need to help them address short-term and long-term financial problems, so that if they have fewer worries and financial distractions, employers will benefit from a more focused, involved and productive workforce.
Likewise, those who offer gender-specific financial well-being practices will be more oriented towards achieving greater equity within the corporation, unlike those who do not.