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.
Many of these employees consistently carry balances on their credit card each month. When 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, plus the social security system has a lot of unknowns, many Americans are uncertain of their financial future.
What can you do to help your employees that are struggling with financial wellness?
Proper Benefits & Effective Education & Communication can help provide:
- Peace of Mind
- Financial Wellness
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. Our team becomes an extension of your team so that we take all the heavy lifting on our shoulders.
With our programs employees are more Financially Well which leads to the following outcomes
Increase Employee Engagement
as measured by NPS (Net Promoter Score)
Increase Employee Retention
of employees have said that the voluntary benefits are a reason to stay
Attract New Talent
of Workers would take a job with benefits over a job that offers 30% more salary without them.