Financial Wellness: A Strategic Approach to Employee Retention and Productivity.

The article discusses the importance of financial wellness programs in the workplace. It highlights the negative impact of financial stress on employees' productivity and overall well-being. The article emphasizes that providing financial wellness resources is not just a benefit, but a strategic necessity for organizations looking to retain talent and boost productivity. It provides steps for establishing a comprehensive financial wellness program, including defining objectives, understanding demographics, choosing a provider, developing a communication strategy, and monitoring and evaluating the program. The article also suggests key elements to look for in a financial wellness program, such as fiduciary advice, personalized attention, one-on-one experience, and comprehensive resources. Overall, the article emphasizes the importance of investing in employees' financial wellness for the success of the organization. [Extracted from the article]