NEHSA February Event: Reduce Turnover and Increase Workforce Wellness

Financial stress is the most common and persistent form of stress Americans face, impacting our physical and mental health, the health of our communities, and our satisfaction in our work. Early childhood educators—long under-valued and under-compensated for the critical work they do—know this stress all too well. Understandably, financial stress is also a key driver of staff turnover. In addition to the financial cost, turnover has significant and lasting negative consequences for the quality of children’s achievements.

While we keep working towards systemic change to compensate early educators fairly, there are tools your staff can use to alleviate financial stress, reduce turnover, and increase workforce wellness today.

“We combined (a cash incentive), with education and tools from The Financial Wellness Essentials course to improve staff financial wellness and promote retention. Prior to implementing these strategies our turnover rate was 33.4%. In August, we offered the Financial Wellness Essentials…