Today’s employees aren’t satisfied with archaic work arrangements where they simply collect a paycheck and stay quiet about any personal issues — like their financial well-being — at work.
While 46% of employers offer some kind of financial wellness program, new research from Morgan Stanley shows that both employers and employees realize the importance of financial wellness and the role an organization now plays in helping workers with financial challenges. More than four in five employees and nine in 10 employers believe their companies should be more involved in helping employees understand how to maximize financial benefits amid the pandemic, the report found.