Student debt has multi-generational impact on financial wellness
Outstanding student loans are affecting baby boomers who may be helping their kids pay down balances owing instead of saving enough money to fund their own retirement.
Financial stress
Financial wellness programs growing, yet employee awareness remains low
Nearly half of large employers offer some type of program, yet only about a third of workers say they have access to one, highlighting a key disconnect about well-being efforts.
Financial wellness programs growing, yet employee awareness remains low
Nearly half of large companies offer some type of program, yet just over one-third of workers say they have access to one, highlighting a disconnect between available benefits and employees’ understanding of them.
Boomers not moving beyond 401(k)s, IRAs
Despite the efforts of the retirement industry, many baby boomers haven't taken to the variety of savings products available, according to the latest research.
Benefits Think How employers can help workers deal with financial stress
One-out-of-four workers now worry about money issues on the job, resulting in lost productivity, but there are services organizations can offer to mitigate the problem.
Mark Singer
The Financial Literacy Toolbox
Benefits Think How advisers can help clients deal with employee financial stress
One-out-of-four workers now worry about money issues on the job, resulting in lost productivity, but there are services consultants and brokers can offer to mitigate the problem.
Mark Singer
The Financial Literacy Toolbox
Boomers still only engaged with 401(k)s, IRAs
Volatility fears are one reason many members of this generation haven’t taken to the variety of retirement savings products available.
Employers report workers’ financial issues affecting job performance
New research from the IFEBP reveals employees’ fiscal woes are leading to increased stress, reduced productivity and higher absenteeism.
Loyalty rising as workers look to employers for financial security
Employees are uneasy about their finances and employer clients that prioritize benefits education are at a competitive advantage, new MetLife research finds.
Loyalty rising as workers look to employers for financial security
Employees are uneasy about their finances and organizations that prioritize year-round benefits education are at a competitive advantage, finds MetLife’s Annual Employee Benefit Trends Study.
Benefits Think Impact of employee financial stress may be higher than thought
Employers cite high productivity costs as one-out-of-four employees worry about money issues at work.
Mark Singer
The Financial Literacy Toolbox
Benefits Think Impact of employee financial stress may be higher than thought
Employers cite high productivity costs as one-out-of-four employees worry about money issues at work.
Mark Singer
The Financial Literacy Toolbox
Guiding employers toward a multi-channel healthy retirement approach
Technology alone is not enough to help employees achieve their money goals, according to research from Financial Finesse.
Technology alone not enough in financial wellness
Employees at companies that take a multi-channel approach to programs fare better than others, finds new research from Financial Finesse.
Movement Mortgage starts financial wellness program
From fiscal assessments to a campaign to help employees shed their personal debt, the firm's program is all-encompassing.
Why financial stability in retirement continues to elude women
The fact that many female workers will fall into poverty when they reach age 65 or older should be a call to action for employers, advisers and policymakers, says the National Institute on Retirement Security.
Financial stability in retirement years continues to elude women
The fact that many female workers will fall into poverty when they reach age 65 or older should be a call to action for employers and policymakers, says the National Institute on Retirement Security.
Is student debt the next area of benefits innovation?
Some employers are exploring student loan repayment as a way to attract talent and differentiate themselves from the competition.
Student loan debt repayment area of benefits innovation
As companies strive to find new and better ways to attract and retain skilled workers, some are exploring student loan debt repayment as a way to differentiate themselves from the competition.
Financial pressures affect absenteeism rates
Workers who are stressed about finances are absent on average 3.5 days per year, compared to 1.9 days for those who are not stressed about money, pointing to a need for more robust workplace financial wellness programs.
