Financial Wellness: A Silver Bullet – or Just More Benefits Bling?
Examining Financial Wellness in the workplace – what’s out there, why consider it, what works….
This session will explore the “current state” of financial wellness programs with an eye towards identifying the various approaches taken by providers, things to consider in selecting a provider, and measuring the success of a financial wellness benefit. The wide variety of programs and the diverse approach taken by the providers can make it difficult to determine what would work best, and how to determine the impact on the “retirement readiness” of an employer’s workforce. Key takeaways include:
- Defining “financial wellness” as a benefit and understanding the different approaches that can be taken;
- Identifying specific employee needs that can be addressed by a financial wellness program; and,
- Defining metrics to measure the success of a financial wellness program
Presenter:
Michael J. Olah, J.D., LL.M.
Retirement Benefits Group