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Many employers are implementing financial wellness programs in the new year to help employees address the fallout from the pandemic. The Consumer Financial Protection Bureau estimates that employers typically see an ROI of $3 for every $1 invested in a financial well-being program
However, regardless of how well a program is designed, it will be effective only if employees are actively engaged. One strategy that the most committed employers use to drive engagement is a rewards or points program, according to a research report from the Retirement Advisor Council.
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