Plan Sponsor Guide: A CFOs Guide to Financial Wellness
When employees are financially stressed, they spend three or more hours a week – approximately 150 hours per year – worrying about personal finances or dealing with them at work. [1]
A financial wellness program is a soft benefit, so if you feel anxious about offering this benefit, you’re not alone. There are a lot of questions to consider:
Will employees be engaged in the program?
Will productivity improve?
Will turnover decrease?
Will this program improve our balance sheet?
And, more importantly, how to measure ROI?
Here’s your CFOs Guide to Financial Wellness:
[1] 1 Mercer LLC, “Inside Employees’ Minds™: Financial Wellness.” 2017, 2, PDF. https://www.mercer.com/content/dam/mercer/attachments/global/inside-employees-minds/gl-2017-inside-employees-minds-financial-wellness.pdf.