Financial Wellness Programs For Employees

Why are employers focusing on employee financial wellness programs.
Financial wellness programs for employees. It s no surprise that organizations are concerned with the financial wellness of their greatest asset. Smartdollar is the only financial wellness solution that leads to lasting behavior change. 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. Being financially independent is the primary reason individuals continue to work in jobs. Through careful analysis of the latest trends strategies in financial wellness we are able to put together provocative resources. 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.
Financial wellness programs for employees how employee engagement tools help enable financial literacy. Leaders know that financial issues rank at the very top of the list of employee life stressors. 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. Nothing will replace the gold watch the monthly pension checks and fully funded retiree medical.
These programs are such recent optional additions to many employee benefits packages that even ceos and executive directors are not sure what they entail. 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 is a topic that increasingly pops up on the agenda of employers.
Financial wellness programs are still a relatively new part of employee benefits packages.