2020 Financial Wellness Outlook: Guidance and Bite-Sized Wellness
As 2020 gets started, financial wellness programs are continuing to shift. They’re no longer only offering education-based financial wellness.
Benefits
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Meet Your Trusted Advisor
We are combining Edukate’s financial benefits platform and Trusted Advisor’s tech-enabled financial counseling into one offering for employers and employees alike.
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Financial Flexibility Isn’t True Wellness
The best way to help employees feel less stressed is to help them feel more financially confident. But recently, financial flexibility has taken the place of true wellness.
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Keep Employees Longer with the Right Benefits
Did you know that it’s easier to keep employees longer when they feel like they’re getting help navigating their finances. It’s true. When your team has access to financial tools, retention rates go up. But if employers fail to act, they’re more likely to look for a new job. Increased Turnover Costs Turnover costs cost…
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Unseen Costs When Employees Aren’t Ready for Retirement
When employees aren’t ready for retirement, it can affect your business. Employees who aren’t ready for retirement have increased healthcare costs and salaries. It’s time to take a better look at your retirement plan if you want to help employees prepare for the future. Other Debts Come First Employees struggle to save for a variety…
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Financial Wellness Popularity Grows Through 2024
Financial wellness popularity continues to grow 2019. In a new report, that isn’t slowing down anytime soon. Opting for Financial Wellness The report outlines the next next five years for financial wellness. It found that employers will almost all offer financial wellness programs. That includes budgeting and plans to help with debt. So far, 30%…