| | AUGUST - 2023MANAGEHRMAGAZINE.COM8In MyOpinionHOW TEACHING EMPLOYEES FINANCIAL LITERACY BOOSTS ENGAGEMENT By Krisi Schel, Executive Vice President of HR, SRC HoldingsIn today's world, we all face so many stressors, including war, inflation, and the threat of an impending recession. Even with everyone wondering about a recession, one thing hasn't changed: the talent market remains tight. Despite some of the recent high-profile layoffs, the U.S. job market remains strong. Companies are hiring and keeping their focus on how to retain and develop their talent.It's not breaking news that retention has been a challenge over the past few years, and many of us are competing with others in our industries, for the same talent. This creates a tempting environment for employees to leave one job for another to secure even a few more cents per hour. That's why we're all seeking an edge in the war for talent that can set our company apart; to give our associates another reason to stay. For our company, that differentiator is teaching financial literacy to all our associates, giving them the language of business. What we've learned is that when you embrace financial Krisi Schel
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