93% of US workers think employers should offer financial wellness tools — here’s how to take the lead yourself

Core Insights - A recent survey indicates that 93% of U.S. workers believe employers should provide financial wellness programs, reflecting near-universal agreement on the necessity of such benefits [1] - Financial wellness programs are designed to assist employees in managing their finances, including retirement plans, student loan repayment assistance, and access to budgeting tools [2] - Despite the high demand, only about 28% of employers currently offer financial wellness programs, leaving nearly three-quarters of American workers without this support [4] Financial Wellness Programs - Financial wellness programs are seen as essential workplace benefits that help employees save smarter and manage money better, especially in the context of rising inflation and economic uncertainty [2] - Companies investing in financial wellness report significant benefits, including improved employee productivity, morale, and overall engagement [3][6] - Employers that combine financial wellness with mental and physical health benefits see even greater improvements in employee happiness and productivity [4] Employer Perspectives - 84% of employers believe that financial wellness benefits help retain top talent, while 81% say they assist in attracting new employees [6] - Employers attribute a 50% increase in productivity and a 43% reduction in stress to the implementation of financial wellness programs [6] - The programs also contribute to a 41% boost in employee morale and a 36% increase in creativity and innovation [6]