financial wellness

Generational Influences and Behavioral Finance
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
Understanding generational attitudes toward investing and the cognitive biases is critical toward helping employees prepare for their financial future. The inherent generational biases and attitudes could lead participants astray, so understanding these differences becomes key to helping employees of all ages improve their financial wellness and prepare for a secure and successful retirement. Boomers Baby  Read More →
WFH [Wellness From Home] Challenges Both Participants and Plan Sponsors
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
COVID-19 has posed a dual set of related challenges for plan sponsors and participants. For some employees, the pandemic has pitted more immediate financial needs against prioritizing planned savings — and shifted the traditional focus of employer-sponsored financial wellness programs from the future to the present. Sponsors face the difficulty of effectively engaging remote workers  Read More →
Are You Hearing About Financial Wellness?
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
Employers have heard a lot about financial wellness. However, employers don’t always recognize the connection between financial wellness and improved retirement savings behavior as well as a more productive workforce overall. All employees, no matter what generation they belong to, want to work in a friendly environment where they don’t have to stress about their  Read More →

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