A financial wellness blog by the experts at Enrich

5 employees jumping in the air exuberantly in their office
31
May

5 Crucial Steps for Benefits Managers to Create a Successful Financial Wellness Program

Two-thirds of employers now offer some kind of financial wellness program and many more plan to launch one soon. Many financial wellness programs will fail to reach the necessary engagement levels, but if you follow these 5 crucial steps, you will ...

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Successful woman in a blue dress drinking wine with delivery boxes in front of newly purchased home
24
May

Employee Financial Wellness: The 3 Best Delivery Methods

There are many different communication channels: phone, email, text, in-person, webinar, etc. But which delivery methods do employees prefer for their financial wellness program information? And which channels work the best? These 3 top the list ...

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A group of employees with their hands in the air and smiling after finishing a project
10
May

How to Improve Employee Productivity with a Financial Wellness Program

Much is always being made about worker productivity. It is even a measure that economists use in assessing overall economic health. It is no wonder then that companies are constantly looking for ways to make their employees more productive.

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A man with his head in his hands stressed due to his finances
26
Apr

Having More Money Does Not Mean Increased Financial Wellness

It is a common misconception that rich people don’t worry about money. In reality, it seems the wealthy often share the same anxieties as those with less money. And when it comes to financial wellness, more money does not necessarily mean healthy finances

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Antique alarm clock next to a jar full of coins with a label on it saying retirement
19
Apr

401k Withdrawal and Retirement Borrowing Should be a Last Resort – How Financial Wellness Can Help Your Employees

Learn why a financial wellness program can help prevent retirement borrowing and 401k loans, as well as the negative impacts retirement loans can have on an employee's future.

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Two women employees looking at a flyer about what their employers financial wellness offering includes
5
Apr

Financial Wellness Becomes One of the Most Desired Benefit Programs for 2021

The onset of the COVID-19 pandemic in 2020 changed reality for many people. Unemployment in America spiked to an all-time high of 14.8%. More people than ever in recorded history were out of work.

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Woman in a coffee shop stressed about her finances looking out a window
24
Mar

Data Shows Strong Link Between Financial Wellness and Mental Health

Money problems and mental health issues are intrinsically linked. According to the Money and Mental Health Policy Institute, poor finances often lead to stress and anxiety that can further impact finances. The institute found that ...

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A man in a hooded sweatshirt feeling anxious worried and financially insecure
19
Mar

New Health Study Shows Widespread Employee Financial Insecurity

A new survey shows an increase in employees that worry about paying for living expenses. In addition, 25% of those with anxiety and depression said that financial problems were one of the main contributing factors to their mental health problems.

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Employee outside of a van holding up a tape measure symbolizing measurement of success
18
Mar

Employee Financial Wellness Programs: How to Measure Success

42 percent of companies offer some kind of financial wellness benefit, with another 38 percent currently starting a program or planning to start a program. However, only about one-third of companies with financial wellness programs measure their success.

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Doctors asking if you have insurance or HSA money before they perform their procedure
16
Mar

HSA Course Teaches Employees How to Get the Most From Their HSA

Half of employers offer HSAs as part of their benefits package, but 69 percent of employees are not clear on the benefits or uses of the HSA. A new course on the Enrich Financial Wellness Platform teaches employees how to get the most out of their HSA.

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