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5 Benefits for Employers to Retain and Attract Top Talent

Best Money Moves

Retirement planning is one of the most common employee benefits offered by employers, specifically a 401(k) matching plan. According to a study by SHRM and Morgan Stanley, the most important financial wellness benefit for employees was retirement planning. Here are the 5 best benefits to help retain and attract top talent.

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5 Financial Steps to Support Employees in 2022

Best Money Moves

Employers can emphasize this by using 401(k) or other retirement plans. The most common retirement plan is the 401(k) match where the employer grants a certain amount to the plan based on how much the employee contributes. The best time for employees to start saving is right now.

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Strength Through Financial Wellness

Flimp Communications

There are five basic contributors to financial wellness. Financial counseling , especially from professionals, can help people understand and manage the first two. What employers offer for insurance and benefits packages is crucial for long-term financial wellness as retirement accounts and employer contributions come into play.

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Three Financial Wellness Email Templates

Flimp Communications

(When employees feel good about their finances, they are statistically happier — 84% vs. 55% — and more engaged — 78% vs. 53% — than their financially stressed counterparts. There are many ways to promote financial wellness in the workplace , such as offering free financial counseling or access to budgeting apps.

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The Importance of Teaching Financial Wellness in 2025

Flimp Communications

Many employers now see financial wellness as a pillar of overall well-being and have incorporated financial wellness resources into their employee wellness programs. Financial wellness resources can also take the form of education. Discount programs to help employees save on everything from groceries to vacation travel.

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Support Your Employees’ Financial Health

eni

Financial Counseling – Connecting employees with Financial Professionals allows them to seek guidance as they experience specific challenges. Those that choose to meet with a counselor can move forward with a road map toward financial stability.

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Fostering Financial Literacy in the Workplace

Hppy

However, in today’s modern workplace, equipping employees with the know-how they need to make informed decisions regarding various aspects of their financial lives is often neglected. Personal financial advice: Money matters often require a personalized approach, especially as everyone’s situation is different.

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