A financial wellness blog by the experts at Enrich
The financial wellness of U.S. employees is precarious—especially among millennials and those nearing retirement age, according to the new 2020 Employee Financial Wellness Report by iGrad and Wellable.
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Hiring and retaining the best employees is always a challenge, especially during periods of low unemployment. Offering an array of benefits that go beyond healthcare and 401(k) plans is a great way to stand out from competing companies.
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Bank of Clovis has partnered with the San Diego-based company iGrad to offer its members financial wellness education.
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The decision to help employees become financially educated and secure is an easy one to make. The challenge is determining how to pay for the added benefit. One way is through the Employee Retirement Income Security Act of 1974 (ERISA).
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Dot Foods rolled out Enrich's white label financial wellness platform in June, calling it “Money Matters” and promoting the benefit to 2500 headquarter employees.
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Many companies find that their employees do not use their financial wellness program or do not use it consistently. If this is happening within your business, here are six things to consider.
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Different demographics require different types of information delivered in different ways. So, the key is finding a program that addresses your employee’s needs at a cost that addresses your bottom line.
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Financial wellness company iGrad and the American Physical Therapy Association (APTA) were recently recognized with a 2019 Power of A Gold Award by the American Society of Association Executives (ASAE) for the APTA Financial Solutions Center.
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Financial wellness programs are becoming mainstream among employers in many industries. In order to find the right program, you need to understand what your employees need and want, as well as when they most want the information.
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Employees are more likely to participate (in 401(K)s) if they understand the benefits of doing so. Financial wellness education can teach employees the importance of participating, which can be emphasized by employer communication.
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