Wisdom Bank

Benefit Solutions That People Understand

Financial Wellness

The United States is one of the richest countries in the world, yet many Americans live paycheck to paycheck. Retirement account balances are low, emergency savings often are nonexistent and financial stress severely hinders employee engagement, lowers productivity and increases absenteeism. Employers are often a trusted source of financial information. Because of that trust and their access to employees, employers have a unique opportunity to provide education, interventions, tools and programs to improve individuals’ financial literacy and well-being. To succeed with financial wellness programs, employers must begin with a clear strategy that is aligned with business objectives and results. We’ve designed a six step strategy in order to create a foundation of financial wellness within your organization.

 

SSGABenz-Financial-Wellness-Framework