What exactly does financial wellness mean for employers and workers?
Kevin Crain, head of retirement research and insights, Bank of America
Financial wellness looks and feels different across companies, but all programs should provide employees with the tools and confidence they need to achieve their financial goals.
The retirement business is abuzz about the benefits of financial wellness. Employees want it. And employers want to give it to them — as long as it doesn’t hit their bottom line too hard.
Sounds like a win/win situation, right?
Maybe. If only we knew exactly what it actually means.
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