The overall well-being of American workers has dipped to its lowest level in 12 years, and people cite personal finance concerns as the primary contributor to their declining wellness. Today, employees’ money worries have reached an all-time high, with 86% of workers saying they feel more stressed about their finances than they’ve ever been. In this climate, it’s essential that employers develop comprehensive benefits packages that support their employees’ financial health. Read our blog to learn the 5 Financial Wellness Benefits Your Employees Want Most in 2024. https://lnkd.in/g6TmzJ4C #payactiv #financialwellness #employeebenefits
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The rising cost of living has put a strain on workers across the board. Its a topic business leaders can no longer afford to ignore. Employers that fail to respond to the need for better financial wellness benefits will see their company culture and bottom line suffer. A recent Morgan Stanley at Work study revealed that 89% of employees would be more invested in staying at their company if it provided financial benefits that met their needs. Read more on how you can help your employees https://lnkd.in/eTR34hrT #financialwellness #employeebenefits #EWA #payactiv
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Financial stress among employees is costing employers billions. 💸 Discover how to support your workforce with tailored financial wellness benefits. Contact Us: https://lnkd.in/gUmvTuKz Read the full article: https://lnkd.in/gHSrYtD6 #FinancialWellness #EmployeeBenefits #HRSupport #ProductivityLoss #WorkplaceWellness #EmployeeRetention #FinancialStress #HRStrategies
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2 in 5 workers rate their employee financial wellness as “good or excellent”, the lowest figure since 2010. This is alarming but not necessarily surprising, considering the tumultuous economic strain of the COVID-19/Coronavirus pandemic and subsequent years. As these feelings persist, it becomes more imperative for employers to provide some form of financial wellness solution to help employees build financial confidence. https://bit.ly/3P0Be2V #FinancialWellness #FinancialWellnessProgram #EmployeeBenefits #EmployeeWellbeing
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