Employee financial wellness and the future of work

To attract and retain top talent, companies need to understand the change in priorities around financial wellness.

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Employee 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.

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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.

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To attract and retain top talent, companies need to understand the change in priorities around financial wellness. Read the full report to gain critical insights that will help you create a workplace your employees simply can’t find anywhere else.

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