Employers view financial planning assistance as a way to help employees reduce stress and keep them focused on their jobs. Past studies have highlighted the amount of work time lost by employees who are preoccupied with financial problems. Calculating the productivity lost from money-related worries is near-impossible, but clearly employers have determined that it’s a problem big enough to do something about.

“It’s safe to say finances are a major concern for the modern-day workforce and employers can help alleviate the entire gamut of stress by providing a more robust voluntary benefits package that addresses an employee’s overall wellbeing,” says Tom Kelly, principal of Xerox HR Services, in a press release announcing the study results.

Decades after beginning to shift away defined-benefit pensions towards 401(k)s, employers have also belatedly realized that many of their employees are woefully ill-equipped to deal with the complexities of retirement planning. What is the good of offering employees a generous 401(k) if they don’t understand how much they should be putting away for retirement and how they should invest it?

While large employers have the resources to bring in expert advisers to take employees through the steps of responsible retirement planning, financial wellness initiatives will likely continue to be rare among midsize or small employers.