Employee
financial wellness
Access, education, and assistance
Employees may be facing financial challenges, including managing expenses, planning for emergencies, or making well-informed financial decisions about their future. The resulting stress can affect productivity, morale, and your company’s bottom line.
A financial wellness program that offers product access, education, and professional guidance can help employees make smart choices—creating a more engaged, confident workforce that makes the most of the benefits you provide.
Provide access
Core Benefits
Employee access to core benefits can be the foundation of your financial wellness program and can provide employees with basic coverage and planning options. Core benefits may include health care, retirement funding, and group disability insurance.
Expanded Benefits
Voluntary benefit offerings can be used to help meet specific employee financial wellness needs. These benefits could include individual life and disability income insurance, student loan repayment assistance, or emergency fund savings options.
Make aware
Financial Education
Financial education can help employees make more informed decisions about their finances. A financial education curriculum, in-person or online, might include information on spending and saving, investing, retirement planning and product types.
Online Tools & Resources
Everyone learns and engages differently. Making online tools available to employees can help them find what they need, when they need it, and in the format they prefer. Consider tools such as financial calculators andbudget and debt management apps.
Offer assistance
Professional Guidance
Offering professional guidance to employees can give them access to expertise they may not have available elsewhere. A trusted financial professional can work one-on-one with employees to develop long-term financial plans that meet their individual needs.
Incent Good Financial Behavior
Rewards and recognition can help encourage employees to take specific, positive action steps to improve their financial wellbeing. Offer small, low cost incentives for good financial behavior like small benefit contributions, gift cards, or paid time off.