The watchdogs at the Consumer Financial Protection Bureau have produced a report suggesting workplace financial wellness programs can save employers more than they spend on such programs.

Although it was careful to couch its estimate, the CFBP said companies may be able to save up to $3 for every $1 they spend on financial wellness.

Created as part of the Dodd-Frank Act, the CFBP cited research in its report that seven out of 10 Americans claim financial stress is the most common type of stress the experience. 

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.