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Recent economic pressure has put financial wellness benefits in the spotlight. 2025 is a pivotal year for reassessing how employeewellness impacts organizational success. Stress has long been known to damage employee mental health, productivity and retention. Financial stress will present challenges to employees in 2025.
Your financial wellness program is all about saving money, for example, while your wellness program and healthcare benefits can help employees gain control of their mental and physical wellbeing.
Corporate wellness programs are growing, not just in the United States, but around the world, and the forecast is for that trend to continue. A study by Transparency Market Research predicts that the global market for corporate wellness services will grow 9% annually between 2018 and 2026 to $61.7 billion, up from $29.3
Some examples of defined contribution plans include 403(b) plans, 401(k) plans, employee stock ownership plans, and profit-sharing plans. In fact, 25% of employees, revealed the PwC EmployeeWellness Survey , have shared that financial wellness benefits are the most desirable perk offered by employers.
to reach more than 221,000 exabytes (an exabyte is 1,000 petabytes) by 2026. He is an HR technology enthusiast, very passionate about employeewellness, and actively participates in corporate culture growth. Social media platforms gained massive popularity in this period, with over 4.95 billion users recorded in 2023.
Financial health is a pillar of employeewell-being. Important financial decisions are constantly being made at work, yet many employees feel unprepared to navigate complex benefits options while dealing with personal financial stress. The key to solving this stress is a comprehensive financial wellness program.
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