Recordkeepers and employers are beginning to rethink their approach to financial wellness. Almost all employers say they offer financial wellness benefits of some kind.
But many employers face a hurdle. Defining a tangible ROI for a wellness program can be difficult.
It’s important to revisit your wellness programs every few months to keep them effective. Below are three things you should do for quarterly wellness efforts. Talk to Employees Employee engagement surveys are a great way to get a pulse for how a program is performing. Use them to find out how employees feel about their…
Almost 70% of businesses offer wellness for their employees. Unfortunately, many employees aren’t using those wellness programs. But despite their prevalence, employers still struggle to get employees to engage and utilize their benefits. There are some key reasons why employers are struggling. From a lack of a communication strategy to not thinking about benefits the…
Email is still the dominant communication medium for employers and marketers alike. During open enrollment, you’ll likely be sending a lot of emails to your employees. This year, instead of sending the same memos and reminders that are likely archived before they’re even read, spice up your campaigns with these free tools. Really Good Emails If…
Video is king. Even social networks and news outlets have prioritized video over text and photography alone. Because it’s easier to consume and is more engaging, video can be an important part of your open enrollment efforts. overall. Video Types Because video is so versatile, you should focus on a few key areas when you’re…
The success of your financial wellness program is only as good as the goals you set. Your goals can help you measure the success of a program rollout and evaluate the costs. As your plans adapt to employees’ needs, your goals will likely change. Below are popular goals to see how your program is performing….
Open enrollment shouldn’t be the only time you engage your employees in their financial wellness program. To maximize the effectiveness of your program, you should communicate frequently. Financial wellness programs can help reduce employee stress and help them stay more focused at work. Financially stressed employees spend an average of 3–5 hours per week worrying…
By Jackie Booth, PhD Although online education is still relatively new, its profound impact can’t be ignored. Nearly 25% of all students enrolled in an accredited university are enrolled in at least one online course and millions of others are enrolled in certificated programs and workplace training programs. While online learning has made it easier…
Nearly 40% of working professionals say they don’t fully understand their wellness or retirement benefits. And only 14% said that they could explain the differences between co-pays, deductibles, and out-of-pocket maximums. While the problem is obvious, why do so few employees actually understand what their employers offer? Your Communications Are Confusing There’s a good chance…
Employers often go to great lengths to offer wellness benefits to their employees, but according to a recent survey, almost half of employees understand their benefits material. As benefits offerings continue to grow in sophistication and personalization, many employers still struggle to find ways to engage their employees.Below, we take a look at some of…
Edukate integrates with your current employer benefits provider.
Most of our programs can be rolled out in less than 30 days.