A holistic financial wellness program should include more than just financial education. Tactical services like student loan repayment systems, purchase programs and low interest installment loans can help employees manage short- and long-term financial needs.
Elizabeth Halkos talks about seeing more well-rounded financial wellness programs in 2018 with Rebecca Moore of PLANSPONSOR.
Although the stock market continues to rise and the U.S. economy is healthy, most employees who are stressed about personal finances report that their stress levels have increased over the past year, according to Purchasing Power.
The firm suggests financial wellness benefits in the workplace should take more priority and become more comprehensive in 2018.