Financial wellness programs pay off for repeat users
More workers are making good use of their employer’s financial wellness program, returning again and again and reaping more benefits as a result, according to Financial Finesse’s Financial Wellness Think Tank’s 2017 Year in Review.
Among employers that have offered a financial wellness program for at least three years, repeat users made up 58 percent of the population, up significantly from 33 percent in 2016 – the first time repeat users outnumbered first-time users, according to the study.
Repeat users are twice as likely to be on track for retirement (43 percent vs. 19 percent of first-time users), and are also less likely to report high or overwhelming levels of financial stress. Read more at BenefitsPro