Financial stress can impact employees’ mental health and productivity, which is why many employers are now offering financial wellness benefits. Programs such as student loan repayment assistance, financial planning services, and access to certified financial therapists help address various financial needs. Employers are also focusing on resources that empower employees to negotiate better salaries, save for emergencies, and make smarter financial choices.
With younger employees turning to platforms like TikTok for money advice, it’s essential that companies provide reliable financial education to counter potentially misleading information. Comprehensive wellness benefits that promote a healthy relationship with money can ultimately lead to a more engaged and productive workforce.
For a deeper look into these benefits and their impact, read the full article on Employee Benefit News.