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.