January is undoubtedly a time when your employees are thinking about their finances and likely making some kind of New Year’s resolution that is money-related. January is designated Financial Wellness Month to encourages us to take a close look at income, expenses and overall debt and evaluate our overall financial situation.
Financially-stressed employees admit to using working hours to handle personal money woes. So it behooves employers to provide financial tools and resources to help employees take control of their financial well-being.
Our financial wellness platform through its employee purchase program offered as a voluntary benefit. The platform is a holistic approach to financial wellness, comprised of a core financial education program; free credit reports; alternative credit reporting; and rewards for saving money and reducing debt.
Our holistic financial wellness platform, the first of its kind in the employee purchase program space, allows employees to access a wealth of tools and resources focusing on budgeting; saving; paying down debt; setting goals and practicing healthy financial habits. It is comprised of a core financial education program; free credit reports; alternative credit reporting; and rewards for saving money and reducing debt. The services are available at no cost to employers and are free to their employees with the exception of a fee to use alternative credit reporting.
Employees’ financial challenges need to be top of mind for employers. During Financial Wellness Month, be sure to communicate the availability our financial wellness platform with your employees.