Financial Well-being

What’s the buzz around financial well-being? 

Employees have growing concerns over their financial future, 53% of workers are stressed about their finances [1] and 32% are not saving for retirement due to other expenses and debt [2]. That’s why Marsh & McLennan Agency now offers education and guidance services, because we understand that financial stress impacts employee productivity.

 

Most employees do not have access to a financial advisor that has their best interest in mind so they are left to fend for themselves. Others will look for guidance at their human resource or benefit offices, which is not ideal. HR department distractions account for 10% of HR Payroll.

As a client of ours your employees will gain access to a variety of financial well-being resources including:

  • Educational Videos
  • Live Webinars
  • On-demand Webinars
  • News & Alert Articles
  • Financial Calculators

Employers who offer their employees financial well-being education resources have seen positive impacts at their companies including, lower absenteeism, reduced health care expenses, and increased talent retentions. Speak directly with a Retirement Services team member to learn more about the options we have available.


[1] Human Resources Magazine

[2] PwC, 8th Annual Employee Financial Wellness Survey, 2019