Great employers genuinely care about their employees and their well-being and are often on the lookout for impactful ways to support them.
Here are 4 ways employers can support and make a difference in employees' financial health and wellness:
Financial Education
Offering financial education resources that help employees learn about budgeting, investing, and other personal finance topics is an impactful way that employers can support employee financial health and wellness. This includes in-person workshops, seminars, webinars, or online resources.
Flexible Work Arrangements (FWAs)
This option for supporting employee financial health is not obvious because many employers think of FWAs as a scheduling benefit. But offering flexible work arrangements such as remote work or flexible scheduling can help employees save money on commuting costs, childcare, and other expenses.
Employee Assistance Programs (EAPs)
EAPs provide a wide variety of free employee benefits, including free counseling and financial planning services. This can help them identify and deal with financial anxiety and stress they may be experiencing.
Regular and Transparent Salary Reviews
For many employees, salary is an important measure of financial health. Employers who offer regular and transparent salary reviews can help ensure that employees are being compensated fairly for their work, which can boost their loyalty to the employer, improve their financial stability and reduce their financial stress.
Great employers genuinely care about their employees and their well-being.
Explore The FI Woman Financial Wellness Program for cost-effective and customizable options to support your employees' financial health and wellness.