In January of 2020, the state of the world economy looked stable and somewhat promising with a 3.3 percent predicted growth rate. As we all know, the world has changed substantially since then. We need holistic financial wellness programs now more than...

Through Enrich’s financial wellness platform, Mutual of Omaha’s Employee Assistance Program (EAP) customers now have online access to comprehensive financial tools and resources.

According to the 2019 Employer’s Guide to Financial Wellness, 36 percent of struggling employees want some form of student loan repayment as an employee benefit.

Ameritas, an insurance, employee benefits and financial services provider, is offering the Enrich online financial literacy platform to its employees through Virgin Pulse, a global provider of health and wellbeing software, solutions and services.

The artificial intelligence-powered Enrich platform is used by more than 20,000 employers and 300 financial institutions nationwide to provide interactive and personalized financial wellness education and tools to employees, members and customers.

In times of economic uncertainty, it becomes more challenging for employers to maintain this stability, leading to decreased job satisfaction and costly employee turnover. This can be prevented by offering the right employee benefits.

A comprehensive financial wellness program can help employees become financially healthy while improving the company’s bottom line.

Studies have shown that student loan debt does not affect everyone equally. Student loan debt repayment programs will attract more diverse employees and improve company diversity by appealing to minorities who suffer disproportionately from student debt.

Remote work has become the norm for many employees, so the question becomes: “How can we build a financial wellness program that addresses the needs of our remote workers?

Some employers worry that adding a financial wellness program on top of their health and wellness program may be confusing or overwhelming to their employees. However, that doesn’t have to be the case.