1st African International Conference on Industrial Engineering and Operations Management

EMPLOYEE FINANCIAL WELLNESS IN THE CONSTRUCTION INDUSTRY: THE IMPORTANCE OF FINANCIAL LITERACY AND FINANCIAL BEHAVIOUR

Omotola Olasehinde
Publisher: IEOM Society International
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Track: Financial Engineering
Abstract

Financial wellness is an all inclusive, comprehensive and multidimensional concept that integrate financial status, financial capability, financial satisfaction, financial behaviours and attitudes.  This study examine how employee’s financial wellness can be improved in the construction industry. The study is mainly literature review on employee financial wellness and how financial behaviours and financial literacy contributes to employee financial wellness. The intents of the study is to examine the impact that financial education, through better financial behavior, can have on employers’ in the construction industry. The study assess the impact of employee financial wellness in the construction industry. Also, the study reveal how employee financial wellness affects the overall wellbeing and contributes to job performance and productivity in the construction industry. The study contributes to the body of knowledge on the subject of financial wellness of employees in the construction industry.

Published in: 1st African International Conference on Industrial Engineering and Operations Management, Johannesburg, South Africa

Publisher: IEOM Society International
Date of Conference: October 30-1, 2018

ISBN: 978-1-5323-5947-7
ISSN/E-ISSN: 2169-8767