Trust, awareness are important factors to uptake of financial wellness programs, though users still are typically white and male.
Financial wellness programs are becoming a popular offering for employers interested in helping their employees build financial resiliency, especially in the wake of the COVID-19 pandemic. There are several factors employees need to consider when implementing and refining financial wellness programs to ensure they are successful.
The Defined Contribution Institutional Investment Association Retirement Research Center explored these considerations in a recent report titled “Design of Financial Wellness Programs: What Do Employees Want and Whom Do They Trust?” The report explores challenges with employee awareness and engagement in financial wellness programs, as well as how their trust in those delivering such programs can impact participation and program success.
Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.
Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In Now