Dutch Ross' article covers insights from Purchasing Power's Public Sector Employee Financial Wellness survey. He cites the impact of increasing financial challenges to employees with their well-being and job performance, and offers sound advice to public sector employers to bolster benefit solutions that can offer more practical support to employees. While addressed to the public service industry, the message and recommendations easily apply to all HR benefits professionals. Read more in the attached PDF. Download to read the full article.
For public sector employers to effectively help support employees' immediate financial challenges, they should look beyond traditional, long-term financial benefits – e.g., retirement plans and HSA accounts – and explore solutions that meet their employees’ needs, both immediate and long-term.
Read the full article by clicking here.