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.
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
MATTHEW C. MONROE, AIF®, CRPS®
5000 Brittonfield Parkway, Suite 106
East Syracuse, NY 13057
Securities Offered Through LPL Financial. Member FINRA/SIPC. Investment Advice offered through Retirement & Benefit Partners of Central New York, a separate entity from LPL Financial.
 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.