A financial wellness blog by the experts at Enrich
Financial wellness is a result of a series of decisions and behaviors that increase financial health while reducing financial stress. Due to the ongoing nature, employers should plan a 12-month promotional plan to engage employees on timely topics ...
Continue Reading20% of American workers who are above retirement age are still working; a number that has doubled since 1985. Due to a lack of financial wellness, employees are not taking advantage of 401k plans, accumulate too much debt, and are not saving early for...
Continue ReadingA new survey shows that employee financial stress has doubled since the start of the COVID-19 pandemic. With savings depleted and credit card debt increasing, employees want more financial benefits to help with their stress levels. In addition, the ...
Continue ReadingThe 2020 PWC Employee Financial Wellness Survey discovered 3 key components of financial wellness: financial stress, emergency savings, and retirement savings. A holistic financial wellness program not only promotes these 3 components, but also boosts ...
Continue ReadingMany companies are beginning to provide their employees with a wide variety of benefits that will help them with improving their overall health and mental well-being. By doing so, employees become more productive in the workplace.
Continue ReadingWhen starting a new program, most company executives focus on the bottom line. They want to know the statistics for any given project or proposal to determine success. The same holds true when considering adding an employee financial wellness program.
Continue ReadingMany companies are utilizing a “Lunch & Learn” format to help their employees achieve financial wellness, and they are wise to do so. It will also serve your employees, but it perpetuates a financial maturity in your camp that will benefit your company
Continue ReadingHow can organizations know that the financial wellness program they’ve implemented is making a positive impact? It’s as simple as keeping track of Key Performance Indicators (KPIs).
Continue ReadingEmployee benefits is an umbrella term used when discussing non-wage compensation programs provided by employers to their employees. The purpose of such benefits is to attract and retain top talent, and based on recent statistics, benefits do matter.
Continue ReadingFinancial wellness has become a company benefit buzzword. Employees expect financial wellness as part of their benefits package, and employers realize that having such benefits will help their bottom line.
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