Financial Wellness

Encourage Inclusivity and Flexibility With Proactive Employee Benefits

Encourage Inclusivity and Flexibility With Proactive Employee Benefits

Julie Stich, CEBS
 

The pandemic has brought new workforce situations requiring new solutions to the forefront of our daily lives. Innovative and proactive employee benefits can answer some of these current challenges. We’re all familiar with “core” benefits like health insurance, retirement plans, paid time […]

Using Financial Education to Overcome Inequalities

Using Financial Education to Overcome Inequalities

Robbie Hartman, CEBS
 

“The well-known business argument for financial wellness programs is the payback of at least $3 for every $1 invested by increasing worker productivity and retention,” said Rebecca Sudano, senior vice president and partner with BDO Canada Limited. In addition, financial wellness programs […]

COVID-19 Highlights the Need for Workplace Emergency Savings Programs

COVID-19 Highlights the Need for Workplace Emergency Savings Programs

Kathy Bergstrom, CEBS
 

About 31% of people in the United States have faced negative economic impacts from the COVID-19 pandemic, according to a recent report from the Commonwealth Fund. Those economic effects include being unable to pay for basic necessities like food, heat or rent, […]

Three Steps to Reduce Plan Costs and Improve Retirement Security

Three Steps to Reduce Plan Costs and Improve Retirement Security

Robbie Hartman, CEBS
 

Plan sponsors have long provided education on the magic of compound interest as a powerful force for retirement readiness. But most plan members—and even many plan sponsors—forget about the flip side of that coin: the long-term impact of compounding costs from investment […]