Employee Benefits News
According to a survey conducted by SoFi at Work and Workplace Intelligence, a HR research advisory, 51% of employees are more stressed about their finances than they were during the height of the pandemic. This leads to issues with employee engagement and productivity. While 80% of HR leaders say they want to do more to help their employees, 45% of employees state they feel that their company is not concerned about these financial stressors. From an employer-provided emergency savings fund benefit to a 401(k) matching program, there are many ways employers can help support their people. How will companies promote financial wellness and help their people alleviate the financial stressors they are currently dealing with?