Charles Schwab recently released a comprehensive report on the workplace financial wellness industry. There, you can find definitions, current state, and the popular design of wellness programs. However, if you are short on time, this infographic will provide a brief summary of the report.
Financial wellness programs are just beginning to become staples of employee health programs. For organizations looking to incorporate financial wellness into their benefits offering for the first time, there are a number of budget friendly options to choose from. For those employers with a 401 (k) plan, the plan administrator should have free financial wellness resources for their clients to use. There are also a number of advocacy groups and wellness vendors, including Wellable, that offer a free financial wellness seminar/webinar.