Wellness and financial programs have been around in the workplace for quite some time. And while many employers acknowledge that a financial wellness program can have a positive impact on their workforce, only one in five currently offers it.
In this paper, we take a look at the benefits of financial wellness for both employees and employers, lay out strategies for implementing an effective program, and provide information on how to tackle the obstacles you might encounter.
This whitepaper has been prepared by SourceMedia Research on behalf of ADP Retirement Services and the surveys, studies and other resource materials cited herein have been prepared by and are the property of the third parties named herein and are accurate as of October 2015. The views expressed in this publication are those of the author, are intended for general information only and are not intended to provide investment, financial, tax or legal advice or a recommendation for any particular situation or plan, nor is this publication the sole authority on any regulation, law or ruling. ADP, LLC and its affiliates (ADP) do not endorse or recommend specific investment companies or products, financial advisors or service providers; engage or compensate any financial advisor or firm for the provision of advice; offer financial, investment, tax or legal advice or management services; or serve in a fiduciary capacity with respect to retirement plans. ADP is not responsible for the content of, nor has it verified the accuracy of, any information obtained or the methodology used by such third parties or published in this whitepaper. Please consult with your own investment, financial, tax and legal advisors to the extent you deem appropriate in light of your own circumstances.