A financial wellness blog by the experts at Enrich

three women sitting at a table with computers talking about financial wellness
25
Nov

How to Increase Employee Retention and Recruiting With Financial Wellness

There was a time when offering a decent salary, a 401(k), and a health insurance policy was enough to attract and retain high-quality workers. Times have changed, however, and one of the most popular benefits today is the financial wellness program.

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4 characters with thought bubbles containing dollar signs with text reading "Enrich, Wellable Employee Financial Wellness Survey"
13
Nov

2020 Employee Financial Wellness Report Finds Employees Nearing Retirement Age and Younger Millennials are Struggling Most

The financial wellness of U.S. employees is precarious—especially among millennials and those nearing retirement age, according to the new 2020 Employee Financial Wellness Report by iGrad and Wellable.

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woman covering her eyes with two round gold-colored coins
11
Nov

What’s the Real Effect of Employee Discount Programs on Financial Wellness?

Hiring and retaining the best employees is always a challenge, especially during periods of low unemployment. Offering an array of benefits that go beyond healthcare and 401(k) plans is a great way to stand out from competing companies.

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hand holding up money 100 hundred dollar bills bank notes
28
Oct

Can Employee Financial Wellness Be Funded With ERISA?

The decision to help employees become financially educated and secure is an easy one to make. The challenge is determining how to pay for the added benefit. One way is through the Employee Retirement Income Security Act of 1974 (ERISA).

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selective focus photography of people working on finances on their laptop computers
14
Oct

6 Reasons Why Employees Aren’t Using Your Financial Wellness Program

Many companies find that their employees do not use their financial wellness program or do not use it consistently. If this is happening within your business, here are six things to consider.

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looking over the shoulder of an employee using financial wellness app on his iPad
5
Sep

How to Create an Employee Financial Wellness Survey

Financial wellness programs are becoming mainstream among employers in many industries. In order to find the right program, you need to understand what your employees need and want, as well as when they most want the information.

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couple in sunset talking about retirement
12
Aug

How to Improve Employee 401(k) Participation Rate

Employees are more likely to participate (in 401(K)s) if they understand the benefits of doing so. Financial wellness education can teach employees the importance of participating, which can be emphasized by employer communication.

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Elderly man's hands signing financial contract
25
Jul

How Student Loan Debt is Affecting Baby Boomer Employees

Although student debt is rising among all generations, those age 60 to 69 have experienced a 72 percent increase in their loan balances over the last five years, the largest area of growth for student loan debt.

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older woman working on a laptop
4
Jun

How Employers Use Financial Wellness to Help Gen X Employees

The unhappiest and most financially stressed age group in the U.S. is Gen X, according to MetLife’s latest Employee Benefit Trends Study.

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HR employees planning a holistic financial wellness program
17
Jan

6 Must-haves for a Holistic Financial Wellness Program

In order to be holistic, a financial wellness program should address the needs of your workforce. In today’s diverse workplace, employees have unique needs based on their stage of life.

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Recent Posts
The Enrich Response to COVID-19
4/2/2020 12:04:00 PM
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3/19/2019 10:21:00 AM
A Holiday Message from iGrad CEO
12/23/2017 10:00:00 AM
The Confused American Worker
7/26/2017 11:00:00 AM
Disentangling Financial Wellness ROI
6/28/2017 10:00:00 AM
In Lieu of Raises, Send Benefits
4/13/2017 10:00:00 AM
Boom! Goes Retirement
3/20/2017 11:00:00 AM
What is Holistic Financial Wellness?
10/21/2015 9:48:52 AM