Employees face increasing financial pressures from inflation and rising healthcare costs. Employers can help by offering comprehensive benefits that include emergency savings programs and financial literacy initiatives. Supporting financial wellness leads to a more satisfied, productive, and loyal workforce.
Research
Why Pushing Beyond Financial Wellness to Well-being Matters
The latest push on financial wellness has many advisers and employers alike doubting if it’s just another trend. The context is important, especially as Financial Literacy Month winds to a close. Over the past decade, we’ve seen a flourish of employee benefits take root. A competitive labor market combined with integrations with payroll and other […]
ESAs: A Steppingstone to Retirement Savings
An ESA foundation can lead to enhanced contributions to retirement funds like 401(k)s. The confidence and saving habits nurtured by ESAs translate into more robust participation in long-term financial strategies, thereby securing a better financial future.
New Financial Wellness Trends in Hospitality Industry
Hospitality leaders united to address labor market complexities, debating top trends and financial wellness strategies for improved retention and engagement in the industry.
9 Innovators to Watch in the JFF Wraparound Services Market Scan
JFF created a framework to understand and evaluate wraparound supports as a part of its recent Market Scan and its overall research on Social Determinants of Work. While acknowledging support systems in state-based programs, common benefits like healthcare and retirement, and comprehensive HR systems, the scan focused on new innovations across three broad outcomes.
Why Emergency Savings Accounts Are Dominating Q4 Benefit Conversations
Emergency savings programs are both good and great. They improve worker financial health while delivering better business results. As Q4 strategy conversations are underway, delivering the message about employer-sponsored emergency savings programs is a natural solution to fulfill employers’ fiduciary duty as retirement plan sponsors.
