Employers warming up to to financial wellness programs
But data sharing is employees’ biggest barrier to participation in financial wellness programs.
Although employers overall turn to retirement plan and benefit providers as the preferred providers of financial wellness, they choose financial wellness providers on the basis of cost, ease of implementation and expertise. (Photo: Getty)
Here’s more confirmation of how employers feel about
financial wellness programs. Prudential’s Workplace Solutions Group survey, Benefits and Beyond: Employer Perspectives on Financial Wellness, finds that the percentage of employers offering financial wellness programs rose to 83 percent, up from 20 percent in the survey two years ago.
And if that’s not enough, another 14 percent say they plan to offer these programs in the next one or two years.
Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.
Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
Critical BenefitsPRO.com 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
Already have an account?
Sign In Now
One of the world's most influential economists talks about Social Security and his new book.
From escape rooms to ergonomics, employers are going to new lengths to attract high-quality talent.
92% of investors are concerned that companies aren’t effectively executing on their net zero promises.
Sponsored by Resolution Reinsurance Intermediaries, LLC
21st Century Care Benefits for When Life Gets Complicated
61% of employers surveyed consider caregiving benefits to be a top priority for their business and employees, yet 22% consider themselves as below average in developing caregiving benefits. Download this info sheet to help your clients remain competitive by offering a care benefit package.
Browse More Resources ›
Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.