Employee financial wellness and the future of work
To attract and retain talent, companies need to understand the change in priorities around financial wellness.
Download the reportEmployee financial wellness and the future of work
Amid the pandemic and “Great Resignation” of 2021, many employees are seeking greater financial stability and support from their companies.
In Betterment’s latest report, our research shows that rising healthcare costs, towering student debt, and uncertainty around retirement are motivating employees to reevaluate their workplace benefits.
Some key insights:
-
54%
of employees are more stressed about their finances than they were before the pandemic.
-
68%
would prioritize financial wellness benefits above an extra week of vacation.
-
74%
would leave their job for a company that offered better financial benefits–a number that jumps to 85% for student loan borrowers.