A financial wellness blog by the experts at Enrich
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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Although student debt is rising among all generations, those age 60 to 69 have experienced a 72 percent increase in their loan balances over the last five years, the largest area of growth for student loan debt.
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OnPoint Community Credit Union has partnered with San Diego-based financial education company iGrad to offer its members the award-winning Enrich platform to provide comprehensive financial wellness education and action plans to employees.
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The unhappiest and most financially stressed age group in the U.S. is Gen X, according to MetLife’s latest Employee Benefit Trends Study.
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Many financial wellness programs focus only on literacy, which does not drive change because these programs do not take into account that money is more than a factual matter. Money, for most employees, is an emotional issue.
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iGrad recently was recognized with a Pension & Investments Eddy Award for its Enrich™ financial wellness platform.
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