62 of the employers feel extremely responsible for their employees financial wellness finds bank of america.
Financial wellness programs for employees.
Financial wellness programs for employees how employee engagement tools help enable financial literacy.
How well a financial wellness program is designed can determine whether it succeeds in reducing employees money related stress which can affect worker productivity and engagement.
Being financially independent is the primary reason individuals continue to work in jobs.
Leaders know that financial issues rank at the very top of the list of employee life stressors.
With 69 of workers being stressed about their finances and 72 worrying about their personal finances at work it s not hard to see why.
As a result a growing number of organizations are launching financial wellness programs for their employees to help them get their finances back on track.
The program is a financial wellness employee benefit that enables employees to apply online and take a loan instantly with an automatic repayment over time through payroll deductions.
Here at enrich we strive to educate people on the latest news in retirement healthcare and personal finance.
Financial wellness when done right can make you a partner in your employees financial security.
Our goal is to provide reliable and affordable financial security to empower employees to take charge of their health wealth and well.
With our proven step by step plan employees learn to save for emergencies eliminate debt and retire with confidence.
Why are employers focusing on employee financial wellness programs.
It s no surprise that organizations are concerned with the financial wellness of their greatest asset.
Through careful analysis of the latest trends strategies in financial wellness we are able to put together provocative resources.
These programs are such recent optional additions to many employee benefits packages that even ceos and executive directors are not sure what they entail.
Financial wellness programs are still a relatively new part of employee benefits packages.
Nothing will replace the gold watch the monthly pension checks and fully funded retiree medical.