"Wave" of debt overcoming two peopleEconomic concerns and inflation are taking a toll on employees with many saying their debt is a "real problem". Credit cards are the number one source for personal debt and only 32% have no debt at all.

Employees are looking to their employers to provide financial wellness benefits which include teaching employees healthy financial habits, and access to advice from investment professionals or services. Currently, employees' financial wellness is a top concern.

Related: 

|

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.