Financial wellness

A workforce with a greater number of financially stressed workers sees a greater number of sick days, higher healthcare costs, and increased absenteeism.

Increased financial education at work can help your employees understand how the rest of your benefits package supports their financial goals.

More than half of Americans' financial health has been negatively impacted by the effects of the pandemic.

In addition to concerns over their employment status, many employees say they feel they have been taken advantage of by management and have worked harder than before the pandemic started.

The program gives organizations a greater opportunity to be instrumental in their employees’ financial well-being.

Just as COVID-19 has led some employers to question the necessity of having employees come to the office every day, the current economic crisis should lead to a broadscale re-examination of the standard pay cycle.

Employers can be a huge help to employees working to regain their economic equilibrium due to the impacts of COVID-19.

“What this tool does uniquely is it takes the depersonalized delivery of benefits and really helps the individual determine how best to get the most out of their benefits,” says Voya’s Andrew Frend.