Why Employers Benefit from Supporting Employees’ Financial Wellness

Financial Wellness Is No Longer Just A Personal Matter For Employees—It Has Become A Workplace Imperative. As A Financial Wellness Company, Betterment Helps Employers Prioritize Their Workforce’s Financial Health By Providing Modern, Intuitive Tools That Empower Employees To Make Smarter Financial Decisions. This Is Not Just A Benefit To Employees, But Also A Strategic Advantage For Employers. Here’s How Betterment Helps Employers And Why Supporting Employees' Personal Finances Creates Meaningful Outcomes For Organizations:

1. Enhancing Employee Productivity And Engagement
Financial Stress Is One Of The Leading Causes Of Employee Distraction And Disengagement. According To Studies, Employees Who Are Financially Stressed Are 11 Times More Likely To Experience Health Issues That Affect Their Productivity. By Partnering With Betterment, Employers Can Offer Employees Solutions Like Retirement Planning, Automated Investing, And Educational Tools That Reduce Financial Uncertainty. With Less Stress, Employees Can Focus More On Their Work, Driving Better Outcomes For The Business.

2. Attracting And Retaining Top Talent
The Modern Workforce Increasingly Values Employers Who Care About Their Overall Well-Being, Including Financial Health. Offering A Financial Wellness Program Through Betterment Helps Differentiate Your Company In A Competitive Talent Market. Employees Are More Likely To Stay Loyal To Organizations That Help Them Secure A Strong Financial Future, Reducing Costly Turnover Rates.

3. Supporting Retirement Planning With Ease
Retirement Planning Is A Cornerstone Of Employee Financial Wellness. Betterment’s 401(K) Plans Make It Simple For Employees To Save For Retirement While Providing Employers With An Easy-To-Administer, Cost-Effective Solution. The Platform Offers Personalized Advice, Low Fees, And Smart Portfolio Management, Giving Employees Confidence In Their Financial Future While Employers Enjoy Reduced Administrative Burdens.

4. Reducing Healthcare Costs Through Financial Stability
Employees Under Financial Stress Often Face Mental And Physical Health Challenges, Leading To Increased Healthcare Costs For Employers. Betterment's Tools And Advice Help Employees Better Manage Their Budgets, Debt, And Savings, Fostering Stability That Can Improve Overall Well-Being And Decrease Reliance On Healthcare Benefits.

5. Improving Diversity, Equity, And Inclusion Efforts
Financial Wellness Programs Contribute To Equitable Workplaces. Betterment’s Customizable Financial Tools Meet Employees Where They Are, Empowering Individuals From All Income Levels And Backgrounds To Achieve Their Goals. Employers Can Show Their Commitment To Diversity And Inclusion By Providing Benefits That Address The Diverse Financial Needs Of Their Workforce.

6. Simplifying Financial Benefit Administration
Betterment Streamlines Financial Wellness Programs For Employers, Offering Intuitive Platforms That Integrate Seamlessly With Existing Benefits. Employers Can Track Engagement And Impact, Ensuring Their Investment In Employee Financial Wellness Delivers Measurable Results.

Conclusion
By Partnering With Betterment, Employers Create A Culture Of Care That Drives Retention, Productivity, And Overall Employee Satisfaction. Offering A Comprehensive Financial Wellness Program Not Only Supports Employees In Achieving Their Personal Financial Goals But Also Strengthens The Business By Fostering A Healthier, Happier, And More Engaged Workforce.

Investing In Your Employees’ Financial Health Is An Investment In The Success Of Your Business. Let Betterment Help You Lead The Way.