The financial well-being of Chief Financial Officers and HR professionals must be prioritised.

Also Read: AI and Machine Learning for Enhanced HR Practices

Now the question is raised: is it better to put one's financial security first? Financial strain can have a big effect on workers. It affects more than just their bank accounts; it also has an impact on their general wellbeing, which can ultimately result in stress. Numerous decision-makers are implementing financial wellness initiatives in order to address this. These courses frequently contain useful components, such as sessions on budgeting and retirement planning assistance.

There is no denying these initiatives' beneficial effects. CFOs that recommend investing in enhancing their employees’ financial wellness find improved productivity and fewer instances of absenteeism. According to PwC's 2020

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