The mostcommon type of emergency assistance offered is an employee reliefor compassion fund, followed by part-time donations orleave-sharing. (Photo; Shutterstock)
Employers are becoming much more proactive in helping theirworkers achieve financial well-being, according to the EmployeeBenefit Research Institute Issue Brief, 2019 Employer Approaches to Financial WellbeingSolutions.
While helping workers save for retirement continues to be themost important (40 percent) topic within financial wellnessinitiatives, additional financial topics are also becoming morepopular, EBRI's survey found. The research organization polledemployers with 500 or more workers, screened to include respondentswho express at least some interest in offering financial wellnessinitiatives.
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Katie Kuehner-Hebert
Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.
