Companies are now helping employees to draw up detailed,personalized financial wellness plans. (Photo: Getty)
Financial wellness programs are now offered by 53 percent offirms, which is double the number seen in 2015, according to aBank of America Merrill Lynch survey. Thisaugurs well for retirement readiness, because there is evidencethat workers who are engaged in a financial wellness programincrease their retirement contribution rates by 38 percent.Furthermore, employees who feel in charge of their financialwellness report having less stress, according to Questis research,which enables them to be more engaged in the workplace. Simply put, theyhave a plan and they aren't constantly waiting for the "other shoeto drop."
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