When looking for ways to retain employees, keep them happy, and recruit top talent, more businesses are turning to financial wellness solutions.
A rapidly growing number of U.S. employers are offering financial wellness programs, yet the increasing popularity of this employee benefit has raised an important question: What exactly is “financial wellness”?
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Ask anyone and they will tell you that one of the most stressful things in life is money—how to get it, how to manage it properly, how to not run out of it, and the list of questions goes on.
The right talent is out there, so why aren’t they flocking to your company and your job posts? You’ve modernized your workplace to fit the current trends. You’ve become extremely creative in your recruitment campaigns. You have a great company culture. Your employees are happy and productive. So, what’s not clicking?
You’re considering launching a financial wellness program for your employees. Here’s why you shouldn’t hesitate.
When it comes to stressors, financial matters are the top cause for your employees. In fact, according to a PwC study, 58% of employees say they are more stressed out about their financial situation than any other issue. Not only does financial stress impact health, it is also a major distraction at work that canContinue reading “Is a Financial Wellness Program the Key to a More Engaged Workforce?”
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