Wages Concept Employees say that advice and plans from a professional would be the biggest help in straightening out their finances. (Photo: Shutterstock)

Both employers and employees agree that financial wellness programs have value, but disconnects between employers’ approaches and what employees want out of the programs impair their value.

That’s according to the 2018 Bank of America Merrill Lynch Workplace Benefits Report, which finds that just a third of employees actually participate in such programs, even though many are having a hard time financially.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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