Final answer:
Teaching employees the importance of personal financial management is essential as it enhances job satisfaction, promotes financial independence, and fosters long-term employee loyalty.
Step-by-step explanation:
The importance of teaching employees personal financial management is that it enhances job satisfaction, promotes financial independence, and fosters long-term employee loyalty. By teaching employees the importance of personal financial management, they can make better financial decisions, reduce financial stress, and achieve their financial goals, which can lead to increased job satisfaction. Additionally, promoting financial independence empowers employees to take control of their financial future and make choices that align with their personal values. Lastly, fostering long-term employee loyalty by offering financial education shows that the company cares about the well-being of its employees.