Fraud victim traits

spent worrying about money issues while on the job. The answer: about five hours a month, using a median average, which means half of workers were above that and half below.

According to Mercer, more employers now recognize that when workers are comfortable in their ability to meet financial obligations, they’re also more likely to be productive and engaged on the job. Many companies thus are establishing financial “wellness” programs that help workers gain control over their finances, absorb shocks, meet long-term goals and more. The programs often are distinct from a company’s 401(k) retirement programs.

For such efforts to succeed, employers should encourage workers to build financial confidence or “courage,” Mercer said. Otherwise, employees might remain so paralyzed that they fail to take even simple steps that can improve their financial situation, such as checking their credit reports or signing up for 401(k) programs.

To help workers build confidence on a basic level, Mercer recommends that employers offer programs centered around budgeting, student-loan refinancing, credit management, investing in retirement and non-retirement accounts, and other topics.

One way to achieve your financial goals is to steer clear of fraud losses. That’s not always easy — con artists and scams aren’t necessarily easy to spot — but a recent AARP study sheds