Financial wellness has become the must-have benefit for 2021. Yet it appears that financial wellness doesn’t have a clear definition. It’s amorphous. It means different things to employers than it does to employees. One thing is certain: financial wellness means more than worker pay.
Active Benefits or HR professionals like yourselves may struggle to identify exactly what financial wellness package you should offer. So we need to specifically define the term. Except articulating that definition isn’t so easy. The Employee Benefit Research Institute conducted a survey about a year ago in which employers could not even agree on exactly what the term meant.
