Should Your Business Invest in Financial Wellness Programs for Employees?

Saturday, 6 April 2024, 12:30

Discover the impact of financial wellness programs on employee productivity and wellbeing. Only 2 in 5 employers offer these programs, but should you? Learn how these programs can benefit different income brackets and how to determine if they are worth the investment for your business.
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Should Your Business Invest in Financial Wellness Programs for Employees?

Financial Wellness Programs Impact

Financial wellness programs could set your employees on a solid path. But read on to see if they're worth investing in.

Employee Productivity and Financial Worries

Employers lose an astounding $4.7 billion per week due to diminished employee productivity resulting from financial worries and stress.

Employee Financial Wellness Report

  • Only 42% of employees rate their financial wellness as good or excellent.
  • 96% of employers feel responsible for their employees’ financial wellness.
  • Only 40% offer financial wellness programs.

Considerations for Business Owners

Decide if your employees would benefit and evaluate alternative uses of resources before investing in a financial wellness program.

Employee Engagement

Survey employees anonymously to gauge interest in financial wellness programs and preferred initiatives.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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