Helping employees regain their financial footing during coronavirus
Employers can be a huge help to employees working to regain their economic equilibrium due to the impacts of COVID-19.
The financial fallout caused by the coronavirus pandemic has had a significant impact on the mental health and financial well-being of employees. Some of the contributing factors to this financial instability include massive layoffs, misinformation within the benefits marketplace, and a lack of proper savings on the part of the employee.
But employers can play a vital role in helping employees combat the negative impacts of the COVID-19 pandemic. In the latest podcast from Employee Benefit News, Robert Deshaies, the president of the health division at WEX Inc., a financial technology solutions provider, discusses employee health and financial wellness, and shares tactics for communicating helpful benefit offerings.