Six steps to create a financial wellness program

The “Guide to Employee Financial Wellness” can help employers start or refine their employee financial wellness benefits.

By Ragan Staff      
Create financial wellness program

According to “The Impact of the Great Resignation on Benefits Needs and Expectations” report from Betterment’s 401(k) business, financial benefits are a top priority for employees above in-office perks and vacation time. Seventy-eight percent of employee respondents say it’s important their employer offers financial wellness benefits.

And employees are looking for more than retirement benefits because they bring their financial stress with them to work. Addressing spending, saving, borrowing and planning within a financial wellness program may assist employees in meeting financial goals and prepare for any financial hardships.

With interest in financial wellness benefits growing, employers may be wondering where to start and how to decide what services and solutions to offer. Let the National Fund for Workforce Solutions and Social Policy Institute at Washington University in St. Louis help with the “Guide to Employee Financial Wellness”.

The guide will detail six steps to create a financial wellness program at your organization.

  • Understand your employees’ financial lives.
  • Assess your employees’ financial wellness needs.
  • Determine the right financial wellness solution(s) for your company.
  • Find and commit to your financial wellness program.
  • Implement and evaluate your solution.
  • Modify your solution based on evolution and feedback.

Download your free copy of the “Guide to Financial Wellness” today.