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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

Not only do employees have the desire to see financial education included in their plans, years of research show financial education in the workplace is important for reducing employee financial stress and sick days, increasing workplace productivity, and promoting long-term financial well-being [11]. J Occup Environ Med.

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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. According to a 2022 survey by the Society for Human Resource Management, only 21% of employers currently offer non-retirement financial benefits.

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Support Your Employees’ Financial Health

eni

Individuals, regardless of age, may be facing financial burdens ranging from large healthcare bills or credit card debt, to a lack of experience with budgeting and financial planning. Financial well-being is a variable concept, though, leaving some employers wondering how they can assist all employees with so many different concerns.

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