Your Employees’ Well-Being Is In Jeopardy
74% of employees are concerned about at least one aspect of their well-being as a result of COVID-19 (financial, social, mental, physical), and an overwhelming majority of them (52%) are most concerned with their financial health.
How can you help your employees right now?
- Communicate. Inform your employees of current business objectives and forward-looking expectations. Make sure your employees are well-informed regarding the benefits available to them. This could include financial or mental health counseling, employee assistance programs, affordable telemedicine, HSA and FSA options, extended health plan coverage, paid time off and sick leave policies, etc.
- Modify existing benefits. If possible, make adjustments to your benefit plans to allow easier access to resources for your employees. Discuss any changes to benefits or pay with your legal or financial advisor and review any applicable plan documents.
- Foster teamwork. Your employees are your greatest asset. They may be willing to make sacrifices today if it means tomorrow’s survival. Ensure you have the right tools and processes in place to keep your employees engaged and productive while they work from home.
- Offer financial wellness services. Provide your employees with financial education resources, online money management and budgeting tools, financial counseling and financial solutions like early wage access, short-term loans and student loan services. They need your help navigating these uncertain times, and they need resources to support them financially.
Employees that have access to financial wellness services are thankful.
“The best part of this experience has been how easy the process was. FinFit helped me take care of everything life threw at me. It paved the way for me to bring my finances back in order. I have already recommended FinFit to a couple colleagues! Thank you!” – Aaron F.
“FinFit really came through in a bind. Their customer service is outstanding, and Melanie was amazing! I have told co-workers about the program and how helpful it is. Thank you!” – Sharmarke M.
“I heard about FinFit at my job. I just want to thank you for allowing people like myself a chance to get ahead on their finances. This company has been nothing but amazing to me, and so many others.” – Maria C.
“I love FinFit. They were there for me when no one else could help. When life surprises you with obstacles, FinFit extends a hand to help you.” – Shade F.
“I was really in a bind and needed to pay an important bill. I had no idea how I would afford it. I called FinFit, and they were able to find a solution to help me during my time of need. Everyone needs to know about the FinFit services.” – Teresa S.
Your employees will experience the satisfaction of financial stability.
2017 Survey commissioned by FinFit
To help your employees maintain their mental and financial health, it is critical they have the appropriate support, resources and mindset to attack a crisis like COVID-19. A holistic financial wellness program like FinFit provides your employees with the tools and resources they need to successfully navigate financial challenges, regain their mental and financial health, and come out on the other side stronger.