The goal is to help employers develop a sustainable approach to financial wellness that improves outcomes for employees. To better ensure that both employees and employers derive maximum value, Mercer can also perform a cost-benefits analysis.![]()
Having a clear understanding of the business benefits of financial wellness, integrated within the overall wellness and HR talent/acquisition strategy ensures corporate commitment and is key to a successful financial wellness program
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Company
Mercer
Headquarters
New York, NY
Management
Martine Ferland, President and CEO
Description
Mercer’s approach to employee financial wellness focuses on engaging employees throughout their lives, with a focus on guiding employees towards action. The objective is to help employees reach their goals for every stage of their “financial lives,” whether it’s saving for a house, a car, college, or retirement. Organizations have every reason to want their employees to be financially sound. An effectively designed employee financial wellness program can help employers in bolstering productivity, because employees aren’t distracted by financial worries. They can drive more predictable workforce flow throughout the organization. This results in improved physical health (people with high levels of financial stress are more prone to sickness) and an increase in employee engagement and retention