Employees across the spectrum, from hourly staff to executives, have financial obligations and money stress, said Jason Rahlan from Dayforce. “Employees aren’t asking for a handout. They want access to the money they already earned.”
KPMG's strategy enables all employees to receive an annual lumpsum contribution to their retirement savings, regardless of whether they contribute to it themselves.
Financial wellness benefits are powerful tools for attracting and retaining talent, and the HR tech market growth in this area is promising, experts say.
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