With remote work here to stay in some capacity, companies must create new ways to listen to employees and identify their main financial stressors.(Photo: rudall30/Adobe Stock)
Since the onset of the pandemic a year ago, workers across the globe have reported surging financial stress. Workplace productivity is also declining. And there's no doubt that these two trends are deeply intertwined.
Traditional office perks―like free snacks and ping pong tables― are no longer relevant for a remote and hybrid workforce. Instead, employers are increasingly looking for ways to boost engagement by focusing on wellness benefits, and in particular financial wellness. Not only can these types of benefits reach every employee, no matter their physical location, they can also address a fundamental employee concern―financial stress―and help reduce distraction and boost engagement at work.
Jeff Clark is the vice president of financial planning at BrightPlan responsible for financial education and engagement strategy. As a Certified Financial Planner professional he communicates financial best-practices through seminars, webinars, and articles. Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
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