Einat Steklov, CEO & co-founder of Kashable, a financial wellness company, believes employers need to address both immediate and long-term financial needs for their employees.
"When managers prioritize employee wellbeing, they could see improved employee morale, increased productivity, reduced absenteeism and lower turnover rates," says Joan Woodward, Executive Vice President of Public Policy for Travelers and President of the Travelers Institute.
Employers will have to grapple with regulations and compliance changes under a new presidency as well as keep up with their typical new year workplace revamps like their benefits offerings and their company policies.