Many companies establish health wellness programs for their employees to encourage healthy eating, increased exercise and weight lose. If an employer can get workers to improve their physical health, perhaps they also can establish methods to help them with their financial health. A new report released by the Consumer Financial Protection Bureau (CFPB), the federal agency created by the Dodd-Frank Act to protect consumers in the financial marketplace, examines some promising practices for putting together a company financial wellness program.
The report, “Financial Wellness at Work,” explains that in a time when the impacts of the Great Recession have increased finance-related stress for many individuals, financial wellness programs can help calm employee nerves and, as a result, make workers more engaged and productive.
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