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Financial wellness benefits could include programs like retirementplans , lifeinsurance , disability insurance , student loan repayment assistance and financialcounseling. By helping employees take charge of their finances, employers can also support improved mental well-being.
Supplemental pay – This offering shows the workforce that the company is committed to charting a path to their employees' financial wellbeing. Supplemental income includes stock options, 401 (k) plans, bonuses, etc. While the insurance premium is discretionary, plans include regular check-ups and eye and dental coverage.
Here's how: Reduced financial stress: Benefits like health insurance, retirementplans, and paid time off provide a financial safety net, alleviating stress and anxiety about unforeseen medical bills, future security, and taking a break.
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