Web Content Viewer

5 Keys to Implementing a Financial Wellness Program

Key Takeaways

Financial wellness programs can help employees reduce their financial stress and improve productivity.
Employers can design programs with personalized offerings aligned with desired business outcomes.
A great financial wellness program can help employers attract and retain employees.

Financial wellness programs are becoming an increasingly important employee benefit, with good reason. They can help employees better manage their finances, which may help reduce their financial stress. And that in turn may provide employers with more productive workforces.

Here are 5 ways employers can maximize their financial wellness programs to generate positive outcomes for both employees and employers:

Make overall wellness a component of your human capital strategy.
Analyze your workplace demographics to understand your employees’ financial needs.
Design programs to drive positive employee behaviors.
Create a personalized experience that engages your employees and motives them.
Align your financial wellness metrics with your business outcomes.

3.6 hours per week workers spent managing personal issues at work. 3 in 10 workers say financial stress impacted their job performance.

To learn more, read 5 Keys to Implementing a Financial Wellness Program .

Read about each individual key:

Key 1: Wellness Programs Earn Their Place in Human Capital Strategy Opens in a new window

Key 2: Analyze Employee Demographics to Understand Financial Needs Opens in a new window

Key 3: Design Programs to Optimize Financial Wellness Outcomes Opens in a new window

Key 4: Create Personalized Financial Wellness Experiences Opens in a new window

Key 5: Align Financial Wellness Metrics with Business Outcomes – Coming soon!

You may also be interested in other Financial Wellness topics.

¹ Prudential, American Workers Survey Fact Sheet, 2018.

The Prudential Insurance Company of America and its affiliates, Newark, NJ (PICA).

For Compliance Use Only:1018710-00001-00

Web Content Viewer

Actions

Prudential’s research study offers employers actionable steps for improving RTW outcomes. The paper focuses on thought processes that play a role in employees’ return to work and productivity. What’s more, it provides employers with best practices to help employees overcome psychological hurdles and successfully return from disability.

Web Content Viewer

Actions

Assurance IQ, LLC a wholly-owned subsidiary of Prudential Financial, Inc. matches buyers with products such as life and health insurance and auto insurance, enabling them to make purchases online or through an agent. Neither Prudential Financial, Inc. nor Assurance IQ offers, underwrites, or administers health plans or health insurance policies.

LINK by Prudential is an umbrella marketing name for Prudential Customer Solutions LLC (“PCS”), Prudential Annuities Distributors, Inc. and various subsidiaries of The Prudential Insurance Company of America. Investment advisory products and services of LINK by Prudential are made available through PCS, an SEC registered investment adviser. PCS is not a licensed insurance agency or broker. Prudential LINK and LINK by Prudential occasionally may be referred to as LINK. Where LINK by Prudential is made available in connection with certain Financial Wellness products, access is made available through Prudential Workplace Solutions Group Services (“PWSGS”). PWSGS provides access to a number of Financial Wellness products, services, seminars and tools offered by PWSGS, its affiliates or third parties. PWSGS is a subsidiary of Prudential Financial, Inc. PWSGS is not a licensed insurance company, does not provide insurance products or services and does not provide financial, investment or other advice. Individuals should consult appropriate professionals when making financial, investment and tax decisions.

Where LINK by Prudential is made available in connection with certain Financial Wellness products, access is made available through Prudential Workplace Solutions Group Services (“PWSGS”). PWSGS provides access to a number of Financial Wellness products, services, seminars and tools offered by PWSGS, its affiliates or third parties. PWSGS is a subsidiary of Prudential Financial, Inc. PWSGS is not a licensed insurance company, does not provide insurance products or services and does not provide financial, investment or other advice. Individuals should consult appropriate professionals when making financial, investment and tax decisions.

Securities products and services are offered through: Pruco Securities, LLC and Prudential Investment Management Services, LLC, both members SIPC Opens in new window and located in Newark, NJ, or Prudential Annuities Distributors, Inc., located in Shelton, CT. All are Prudential Financial Opens in new window Statement of Financial Condition PDF opens in new window for Prudential Investment Management Services, LLC.

Insurance and/or annuities are issued by The Prudential Insurance Company of America, Pruco Life Insurance Company (except in NY and/or NJ), Pruco Life Insurance Company of New Jersey (in NY and/or NJ), and Prudential Annuities Life Assurance Corporation (PALAC). Each is a Prudential Financial company located in Newark, NJ (main office), except for PALAC which is located in Shelton, CT (main office), and each is solely responsible for its own financial condition and contractual obligations.

Variable annuities are distributed by Prudential Annuities Distributors, Inc., Shelton, CT.

Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company, Hartford, CT, or its affiliates.

This web page is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. Clients seeking information regarding their particular investment needs should contact a financial professional. Prudential Financial, its affiliates, and their financial professionals do not render tax or legal advice. Please consult with your tax and legal advisors regarding your personal circumstances.

This website is for U.S. persons Opens in new window and may not be approved in all states. Information contained on this site does not and is not intended to constitute an advertisement, solicitation or offer for sale in any jurisdiction, outside the United States of America, where such use would be prohibited or otherwise regulated.

"Prudential Advisors" is a brand name of The Prudential Insurance Company of America and its subsidiaries.

Prudential, the Prudential logo, the Rock Symbol and Bring Your Challenges are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

Prudential Financial is not affiliated in any manner with Prudential plc, an international group incorporated in the United Kingdom or the Prudential Assurance Company, a subsidiary of M&G plc, a company incorporated in the United Kingdom.

Pruco Life Insurance Company, an Arizona company - California COA # 3637. The Prudential Insurance Company of America - California COA # 1179. Prudential Retirement Insurance and Annuity Company - California COA # 08003. The Prudential Life Insurance Company of America Newark, NJ.

Securities and Insurance Products:

Not Insured by FDIC or any Federal Government Agency | May Lose Value | Not a Deposit of or Guaranteed by the Bank or any Bank Affiliate.

Template: 1000797-00002-00

Web Content Viewer

5 Keys to Implementing a Financial Wellness Program

Key Takeaways

Read More

Web Content Viewer

Trending

ABLE Accounts: Helping Families Improve Financial Wellness

Exploring the Psychology Behind Return-to-Work

Web Content Viewer

5 Keys to Implementing a Financial Wellness Program

Key Takeaways

Read More

Footnotes

Trending

ABLE Accounts: Helping Families Improve Financial Wellness

Exploring the Psychology Behind Return-to-Work