Employees want financial wellness (and it gives employers a competitive edge)

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The workplace is undergoing a fundamental shift. Amid mounting employee stress due to economic uncertainty – and changing workplace norms – employee priorities are evolving. According to BrightPlan’s 2022 Wellness Barometer Survey, 78% of employees are prioritizing work-life balance, 38% are seeking greater mission and purpose, and 25% want to take a break from work. This shift in employee priorities, sometimes termed the Great Reckoning, is fueling the Great Resignation and has HR leaders looking for new ways to support their workforce.

Employers can gain a competitive edge by addressing employees’ biggest pain points. In the current market environment, this is rising inflation, market volatility, mounting debt, high mortgage rates and retirement planning, all of which is causing high levels of employee stress – specifically financial stress.