Date & Time: Thursday, May 28, 2024 at 1:00 pm ET
Sponsored by:
Description:
In today’s dynamic work landscape, financial stress is a pervasive issue affecting both employees and businesses. The 2024 BrightPlan Wellness Barometer Survey sheds light on the profound impact of financial stress on overall employee well-being and organizational productivity. Join us to learn the three crucial insights gleaned from the survey and actionable strategies to address employee financial wellness and bolster organizational success.
Key Learnings:
- Understanding the Hidden Costs: Discover how nearly $183 billion annually is lost in productivity due to the impact of financial stress on employees.*
- Closing the Support Gap: Explore the critical role of employers in supporting employee financial wellness. 78% of executives say their employees’ financial stress led to increased turnover last year.** While most leaders believe their companies provide adequate support, less than half of employees feel the same way.
- Empowering Financial Literacy: Address the alarming gap in financial literacy and preparedness among employees. Despite high aspirations, only 18% of respondents demonstrate basic financial literacy.**
By attending this webinar, employers will gain actionable insights to:
- Enhance employee well-being and productivity by addressing financial stress.
- Strengthen employee engagement and retention through tailored financial benefits.
- Cultivate a financially literate workforce poised for long-term success.
Join us as we navigate the path to bridging the well-being divide, empowering employees, and driving organizational prosperity.
Disclosure:
*Assumes there are 100,555,000 knowledge workers in the U.S. with an hourly wage of $40.20. 23% of knowledge workers have high or very high levels of financial stress and 54% of them have 7.3 hours of lost productivity per employee per week as a result of financial stress. Source: Federal Reserve Economic Dataset, BrightPlan.
**On behalf of BrightPlan, Walr and Workplace Intelligence surveyed 1,400 knowledge workers at companies that have a global presence with 1000+ employees in the U.S. in January 2024. This included a mix of C-Suite, HR decision-makers and employees in various industries including technology, healthcare, financial services, education, manufacturing, energy, accounting, and government.
BrightPlan LLC is an SEC-registered investment adviser that offers digital and human investment advice to US residents. Registration does not imply a certain level of skill or training nor does it imply endorsement by the SEC. BrightPlan is neither registered with any international agency to provide, nor does it provide, any investment advice to non-U.S. residents. BrightPlan is a registered trademark of BrightPlan, LLC. BrightPlan is certified by the Center for Fiduciary Excellence, LLC (“CEFEX”) as having met their standards for Fiduciary Practices for Investment Advisors.
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