Financial stress

U.S. adults are intensely worried about their finances — and their kids are even worse.

Employer-sponsored family finance platforms can help kids learn to be smart with their money.

Despite widespread financial stress, employers have kept wages stagnant or cut employees’ pay during COVID-19.

As employees struggle with their finances during COVID, employers like PwC and Noodles & Company are offering new solutions. Read more of our top stories from this week.

Younger employees are feeling particularly stressed and insecure when it comes to making decisions around their benefits and many have insecurities about their finances more broadly.

More than 60% of employees say that they are experiencing greater stress than before the COVID-19 pandemic, according to MetLife. Employers must step up their support with flexible work hours, financial planning benefits and mental health resources.

Providing a financial lifeline can help minimize financial distress for employees experiencing workplace disruptions.

The majority of millennials say they are feeling anxious or stressed about their personal finances, a new study finds.

Increasing participant offerings and promoting engagement could be a powerful step toward helping participants achieve their financial goals.

Financially stressed workers hurt companies through higher healthcare costs and lost productivity. Programs to help them are not just an option for employers, but a business imperative.

Financially stressed workers hurt companies through higher healthcare costs and lost productivity. Programs to help them are not just an option for clients, but a business imperative.

Deciding against auto-enrolling employees in retirement plans is a big miss benefit managers keep making.

Deciding against auto-enrolling employees in retirement plans is a big miss benefit managers keep making.

Maryland and New Jersey are among the least-appealing places for employees to spend their post-work years in 2019, due in part to affordability, health-related factors and overall quality of life.

The number of employers offering student loan debt repayment programs has doubled since 2018.

The software company has been beefing up its financial wellness benefits echoing larger trends among employers nationwide.

“If retention is an important factor for an employer, financial wellness is quite worth the investment,” one benefits consultant says.

The company will help its nearly 10,000 team members get paid early, organize and budget their money.

Clients can offer the financial wellness software as a voluntary benefit.

Companies can offer the financial wellness software as a voluntary benefit.