January is financial wellness month — a refreshing theme after a busy (and expensive) holiday season. But on a deeper level, it’s also an excellent opportunity to start the new year off on the right financial foot. And that’s true in the workplace, too.
As organizations juggle managing both costs and talent amid the question of a looming recession, workplace benefits are an increasingly strategic tool. In fact, a recent Lending Club survey shows that 60% of US consumers are living paycheck to paycheck as of October 2022 — including 28% who earn more than $200,000. No wonder our recent State of the Workplace Financial Benefits Study found that most employees (84%) want their employers to be more involved with helping them through financial challenges.
