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productivity in credit crunch: reduce costs without sacrificing the quality of nonprofit services.

The Negative Impact of Employee Poor Personal Financial Behaviors on Employers Author: E. Thomas Garman, Irene E. Leech and John E. Grable This article demonstrates that there are substantial costs to employers caused by the stresses associated with poor personal financial behaviors of employees. Approximately 15% of workers in the United States are currently experiencing stress from poor financial behaviors to the extent that it negatively impacts their productivity. The proportion of workers experiencing financial problems that negatively impact productivity for a single employer could range as high as 40 to 50% depending upon certain factors. The costs of reduced employee productivity because of poor personal financial behaviors are substantial. The full extent of the costs to employers is unknown. Key Words: absenteeism, employee assistance program, employee productivity, personal financial behavior, stress, substance abuse

"Managing Collaboration The Collaborative Organization: How to Make Employee Networks Really Work By Rob Cross, Peter Gray, Shirley Cunningham, Mark Showers and Robert J. Thomas September 14, 2010 The traditional methods for driving operational excellence in global organizations are not enough. The most effective organizations make smart use of employee networks to reduce costs, improve efficiency and spur innovation. "