--- title: Here's A Free Work Perk That Improves Employee Productivity description: Joining our field of membership helps your employees with financial stress and increases employee productivity. It is a free and effective work perk. image: https://go.hfcu.org/hubfs/Untitled%20design%20(82).jpg --- [![MoneyWisdom_HFCU_r2](https://go.hfcu.org/hs-fs/hubfs/MoneyWisdom_HFCU_r2.png?width=464&name=MoneyWisdom_HFCU_r2.png "MoneyWisdom_HFCU_r2")](https://go.hfcu.org/blog) Filter by Category** - [Show All](https://go.hfcu.org/blog) - [Security](https://go.hfcu.org/blog/topic/security) - [Personal Finance](https://go.hfcu.org/blog/topic/personal-finance) - [Auto](https://go.hfcu.org/blog/topic/auto) - [Business](https://go.hfcu.org/blog/topic/business) - [Credit Score](https://go.hfcu.org/blog/topic/credit-score) - [Home](https://go.hfcu.org/blog/topic/home) - [Credit Cards](https://go.hfcu.org/blog/topic/credit-cards) - [Life Changes](https://go.hfcu.org/blog/topic/life-changes) - [Insurance](https://go.hfcu.org/blog/topic/insurance) - [Investments](https://go.hfcu.org/blog/topic/investments) Filter by Category** - [Show All](https://go.hfcu.org/blog) - [Security](https://go.hfcu.org/blog/topic/security) - 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[Divorce (5)](https://go.hfcu.org/blog/topic/divorce) - [Travel (5)](https://go.hfcu.org/blog/topic/travel) - [ATM (4)](https://go.hfcu.org/blog/topic/atm) - [Baby (4)](https://go.hfcu.org/blog/topic/baby) - [Debit Cards (3)](https://go.hfcu.org/blog/topic/debit-cards) - [Motorcycles (3)](https://go.hfcu.org/blog/topic/motorcycles) - [Weddings (3)](https://go.hfcu.org/blog/topic/weddings) - [Boats (2)](https://go.hfcu.org/blog/topic/boats) - [Charity (2)](https://go.hfcu.org/blog/topic/charity) - [Family Finance (2)](https://go.hfcu.org/blog/topic/family-finance) - [Lending (2)](https://go.hfcu.org/blog/topic/lending) - [Credit Unions (1)](https://go.hfcu.org/blog/topic/credit-unions) - [Green (1)](https://go.hfcu.org/blog/topic/green) - [Medical (1)](https://go.hfcu.org/blog/topic/medical) - [Pets (1)](https://go.hfcu.org/blog/topic/pets) - [dormant account (1)](https://go.hfcu.org/blog/topic/dormant-account) - [inactive account (1)](https://go.hfcu.org/blog/topic/inactive-account) # Here's A Free Work Perk That Improves Employee Productivity ** [Bill Burpeau](https://go.hfcu.org/blog/author/bill-burpeau) ** May 18, 2020 ![employees enjoying work perk of belonging to Hanscom FCU](https://go.hfcu.org/hubfs/Untitled%20design%20(82).jpg) You can offer a perk that'll get **five extra productive hours per week from your workers**. Sounds like a gimmick?  It’s really not.  The [TIAA Institute,](https://www.tiaainstitute.org/) along with [George Washington University,](https://gflec.org/) recently published their annual [Personal Finance Index (P-Fin Index)](https://gflec.org/initiatives/personal-finance-index/). In it they document that workers with poor financial literacy spend six work hours per week dealing with personal financial problems.  Workers with average to good financial literacy spend only one work hour per week managing personal finance problems. [**What are these workers spending those five wasted hours on?**](https://go.hfcu.org/blog/how-to-spot-signs-of-financial-stress-among-employees)  Here are a few possibilities: - Checking balances online and juggling limited resources - Talking or texting on their phones and dealing with creditors - Being distracted by worry - Focusing attention on how to solve financial problems instead of work problems - Working on financial matters while on the job to hide them from their family The study defines financial literacy as “… knowledge and understanding that enable sound financial decision making and effective management of personal finances. Thus, an individual’s financial wellness depends, at least in part, on his or her financial literacy.” It stands to reason then that people with higher financial literacy make better financial decisions on the whole.  Reducing financial stress, in turn, leads to increased productivity and quality of work because employees can focus more on their work and less on their personal finances. **How can this work perk help you regain five hours of employee productivity each week?** By partnering with Hanscom FCU, your employees have access to a financial institution that encourages and promotes financial wellness.  Here’s a few ways we do it. - We deliver free financial seminars and webinars that educate on financial literacy. - We provide a complete set of tools to help workers resolve financial concerns. - We schedule programs to promote financial literacy. - We offer credit and debt management counseling through [BALANCE®](https://hfcu.balancepro.org/). - We give access to best-in-class financial products and provide award-winning service. This free employee benefit goes far beyond helping employees who are in financial distress.  By joining our field of membership, any employee who wants to can join Hanscom FCU to take advantage of our [first-class products and services.](https://www.hfcu.org/rates.html) We can help them manage their personal financial life in balance with their career. Instead of leaving the workplace to sign for a loan, employees can use email and sign their loan documents electronically...without leaving their desks! They can also pay bills online, transfer funds to billers, or send money to individuals. With these tools, time management becomes easier and employees' work can improve accordingly. At Hanscom FCU, we see a future where people are engaged in their financial health, and educated and empowered to make the best financial decisions. They also know who they can turn to when they need unbiased guidance.  With this part of their life in better balance, they can then pay more attention to work while they're at work. According to [Entrepreneur.com](https://www.entrepreneur.com/article/316450), employees waste on average 15 hours per week.  I’ve seen other studies showing up to 21.8 hours per employee wasted each week. This free work perk can’t help you with all of it, but it can help you get started on getting five hours of that time back for productive use. [![Learn more about our benefits for employees!](https://no-cache.hubspot.com/cta/default/118438/ad33cd20-abb4-463d-95f2-0c0ad66ffa0a.png)](https://cta-redirect.hubspot.com/cta/redirect/118438/ad33cd20-abb4-463d-95f2-0c0ad66ffa0a)   ** [Hanscom FCU](https://go.hfcu.org/blog/topic/hanscom-fcu), [Business](https://go.hfcu.org/blog/topic/business), [Work](https://go.hfcu.org/blog/topic/work), [Financial Wellness](https://go.hfcu.org/blog/topic/financial-wellness) [** 7 Ways to Cut Clutter ](https://go.hfcu.org/blog/7-ways-to-cut-clutter) [** Why Bank at Work? ](https://go.hfcu.org/blog/why-become-a-bank-at-work-partner) ### About Author ![Bill Burpeau](https://go.hfcu.org/hs-fs/file-2383552195-png/Blog_Authors/Bill_Burpeau.png) Bill Burpeau Bill Burpeau is a Financial Wellness Coach at Hanscom FCU. As a Credit Union Certified Financial Counselor, he is an enthusiastic advocate of everyone being engaged in their financial health, educated and empowered to make the best financial decisions for themselves every day. He constantly studies and is up to date with the latest financial management concepts and technology. Bill is a graduate of Texas A&M University with a BBA in Business Management and served in the U.S. Navy as a Supply Officer. Related Posts [![Navigating Financial Challenges After a Job Loss](https://go.hfcu.org/hubfs/iStock-1444494544.jpg) Navigating Financial Challenges After a Job Loss ](https://go.hfcu.org/blog/job-loss) [![5 Ways to Cash Your First Payroll Check](https://go.hfcu.org/hubfs/young_woman_depositing_payroll_check_easydeposit.jpg) 5 Ways to Cash Your First Payroll Check ](https://go.hfcu.org/blog/5-ways-to-cash-your-first-payroll-check) [![How Direct Deposit Can Help You Get Your Money Faster](https://go.hfcu.org/hubfs/young%20woman%20working%20in%20warehouse.png) How Direct Deposit Can Help You Get Your Money Faster ](https://go.hfcu.org/blog/how-direct-deposit-can-help-you-get-your-money-faster) ** - [**](http://www.facebook.com/share.php?u=https://go.hfcu.org/blog/a-free-work-perk-that-improves-employee-productivity/) - [**](https://X.com/share?url=https://go.hfcu.org/blog/a-free-work-perk-that-improves-employee-productivity/) - [**](http://www.linkedin.com/shareArticle?mini=true&url=https://go.hfcu.org/blog/a-free-work-perk-that-improves-employee-productivity/&summary=&source=CeBIT) ## You are Leaving Hanscom Federal Credit Union #### **Please read the following before proceeding to:** The website you are about to visit is solely the responsibility of the merchant or other party providing the site. 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The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. ### Comment ### Subscribe To Blog ### Subscribe to Email Updates ### contact **Hanscom Federal Credit Union** 1610 Eglin St. Hanscom AFB, MA 01731 Call us: [800-656-4328](tel:8006564328) [https://www.hfcu.org/](https://www.hfcu.org/) ### About Us [The MoneyWisdom Blog](https://www.hfcu.org/the-moneywisdom-blog.html) ### Social ** ## You are Leaving Hanscom Federal Credit Union #### **Please read the following before proceeding to:** ### https://www.facebook.com/HanscomFederalCreditUnion The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. ## You are Leaving Hanscom Federal Credit Union #### **Please read the following before proceeding to:** ### https://X.com/HanscomFCU The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. ## You are Leaving Hanscom Federal Credit Union #### **Please read the following before proceeding to:** ### https://www.instagram.com/hanscomfcu/ The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. ## You are Leaving Hanscom Federal Credit Union #### **Please read the following before proceeding to:** ### https://www.linkedin.com/company/hanscomfcu/ The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. ## You are Leaving Hanscom Federal Credit Union #### **Please read the following before proceeding to:** ### http://www.youtube.com/c/HanscomFederalCreditUnion The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. ### Popular Posts [What You Need to Know About Putting Your Home in a Trust](https://go.hfcu.org/blog/what-you-need-to-know-about-putting-your-home-in-a-trust) ![older man looking at top retirement worry on digital device](https://go.hfcu.org/hubfs/Untitled%20design%20-%202022-02-10T072804.753.jpg) [What You Need to Know About Your Federal Tax Bracket](https://go.hfcu.org/blog/what-you-need-to-know-about-your-tax-bracket) ![older man looking at top retirement worry on digital device](https://go.hfcu.org/hubfs/Untitled%20design%20-%202021-03-22T123305.900.jpg) [6 Boat Types to Get on the Water](https://go.hfcu.org/blog/6-boat-types-to-get-on-the-water) ![older man looking at top retirement worry on digital device](https://go.hfcu.org/hubfs/images/Jet_Ski.jpg) [23 Organizations Dedicated to the Needs of Seniors](https://go.hfcu.org/blog/23-organizations-dedicated-to-the-needs-of-seniors) ![older man looking at top retirement worry on digital device](https://go.hfcu.org/hubfs/Senior%20citizens.jpg) [9 Smart Moves for Lottery Winners](https://go.hfcu.org/blog/lottery) ![older man looking at top retirement worry on digital device](https://go.hfcu.org/hubfs/images/lottery_winner.jpg) ### Recent Posts - [![National Credit Union Administration](https://go.hfcu.org/hs-fs/hubfs/NCUA-logo-small.png?width=95&name=NCUA-logo-small.png) ](https://www.ncua.gov/) [![Equal Housing Lender](https://go.hfcu.org/hs-fs/hubfs/EHL-logo-small.png?width=65&name=EHL-logo-small.png)](https://www.hud.gov/fairhousing) - @ 2023 [Hanscom Federal Credit Union](https://www.hfcu.org/) - Federally insured by the National Credit Union Administration. - [Privacy Policy](https://www.hfcu.org/content/docs/Privacy_Notice.pdf) **Disclosure:** Hanscom Federal Credit Union does not provide and is not responsible for any products, services, or overall website content available at any third-party sites linked within this blog. Moreover, Hanscom Federal Credit Union's privacy policies do not apply to any of the linked websites within this blog. Please consult the privacy disclosures on those linked sites for further information. ```json { "@context" : "http://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Bill Burpeau" }, "dateModified" : "April 18, 2025, 8:20:39 PM", "datePublished" : "2020-05-18 13:15:00", "description" : "Joining our field of membership helps your employees with financial stress and increases employee productivity. 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