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5 Benefits for Employers to Retain and Attract Top Talent

Best Money Moves

Retirement planning is one of the most common employee benefits offered by employers, specifically a 401(k) matching plan. According to a study by SHRM and Morgan Stanley, the most important financial wellness benefit for employees was retirement planning. Here are the 5 best benefits to help retain and attract top talent.

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5 Financial Steps to Support Employees in 2022

Best Money Moves

Employers can emphasize this by using 401(k) or other retirement plans. The most common retirement plan is the 401(k) match where the employer grants a certain amount to the plan based on how much the employee contributes. Best Money Moves is a human-centered and individualized approach to financial wellbeing.

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Financial Wellness Series Part Three – The Link Between Financial Stress, Health and What Employers Can Offer to Have an Impact

AssuredPartners

Benefits plans that include financial education for employees have been proven to work. In fact, three out of four Americans agree they could benefit from answers to everyday financial questions from a professional [10]. This data shows just how impactful offering financial wellness programs is to the employer and employee.

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How HR Can Help Employees Facing Financial Hardship?

Hppy

Financial Education and Resources Research indicates that offering financial education and resources in the workplace can yield significant benefits for both employers and employees. These experts can delve into topics such as managing credit, creating emergency funds, and setting long-term financial goals.

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Strength Through Financial Wellness

Flimp Communications

There are five basic contributors to financial wellness. Financial counseling , especially from professionals, can help people understand and manage the first two. What employers offer for insurance and benefits packages is crucial for long-term financial wellness as retirement accounts and employer contributions come into play.

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Support Your Employees’ Financial Health

eni

Financial Counseling – Connecting employees with Financial Professionals allows them to seek guidance as they experience specific challenges. Those that choose to meet with a counselor can move forward with a road map toward financial stability.

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Prioritize Financial Well-being in the Workplace

Empuls

  People love employers that support their financial wellbeing with targeted plans and coaching designed to help employees buy a home, complete their education, get married, become a parent, or deal with childcare and education. Supplemental income includes stock options, 401 (k) plans, bonuses, etc.