Financial Security: A Critical Component of Employee Wellbeing
Too many American workers, particularly those with hourly wages or low to moderate incomes, do not have a financial safety net, a reality that the pandemic shone a light on. Forward-thinking companies are intentionally developing HR benefits to improve worker financial security, and reduce the chronic anxiety and stress so many live with and carry into the workplace. This chronic distress associated with worrying about short-term finances is disruptive for employees and employers alike, resulting in lower productivity at work, which costs companies up to $250 billion per year.
This program will share financial wellness benefit strategies, including real-world examples of innovative emergency savings programs that enable workers to put aside a portion of their earnings to better manage week in week out. Additionally, we will discuss why liquid savings options provide a critical foundation upon which employees can build wealth.