Today, people are under-educated when it revolves around finances & benefits and have few places to turn for answers. This is evidenced by a majority of people having a hard time meeting their immediate financial needs and even more so are unsure about the future and retirement.
47% of employees find their financial situation stressful, with many people consistently carry balances on their credit card each month. This short term financial stress is coupled with the median retirement savings being only 12% of what is actually needed based on a persons given age. Add to this a social security system that has a lot of unknowns is leaving many uncertain of the future financially.
As a employer you can help bridge some of the gap. With the proper benefits package & communication plan you can help provide peace of mind, education and financial wellness to your employees that they may never have found on their own. Individual financial wellness leads to overall wellness, and you get to play a major part in this process for your most valued assets, your people. Through education and a little planning together we can help your employees have the financial insights they need to meet their needs today and have more hope for the future.
We understand as an organization you are always being asked to do more with less. No matter your budget, we work with you to find ways to help with your employees financial wellness and align with your organizational business objectives.