Your Goals

Do you want to improve employee productivity? Do you want to reduce employee turnover? Do you want to reduce employee stress?

If so, you should be using every cost-effective tool in your toolbox to ensure that happens. And one of the ways you can do that is by offering your employees a financial wellness benefit. This benefit should include a platform offering financial education and money management tools that are unaffiliated with the sale of any financial products.

An employer provided financial wellness benefit is a cost-effective way to improve employee productivity and retention, and reduce employee stress!

Your Employees’ Concerns

This is as important today as ever. Because today’s workforce is stressed about money. They’re spending an average of 8 hours a week on personal finance tasks and at least 4 of those hours are at work.

But with a good financial wellness platform that employees actually use, research shows you can reduce at least one hour a week that your employees are spending on personal financial management. When you do the ROI calculation on this, it’s no wonder employers are interested. (Keep an eye out for an upcoming post that dives into the ROI data! You’ll be amazed.)

But what’s more, employees love it when employers offer this! It makes them feel seen, it makes them feel like the company has a people-centric culture. And it’s probably why 77% of employees say a financial wellness offering is an important benefit to them.

The time to enhance your benefits package is now

Despite significant growth in this HR benefit category, still only about a quarter (28%) of employers offer this. If you’re interested in offering this benefit, check out the MoneySwell promo video (don’t worry, it’s only 80 seconds)!

If you’d like a one-on-one demo, you can schedule one here.