{"id":675,"date":"2022-06-21T11:49:28","date_gmt":"2022-06-21T06:19:28","guid":{"rendered":"https:\/\/www.zaggle.in\/blog\/?p=675"},"modified":"2022-08-04T22:52:30","modified_gmt":"2022-08-04T17:22:30","slug":"how-to-improve-your-employees-financial-wellness","status":"publish","type":"post","link":"https:\/\/www.zaggle.in\/blog\/how-to-improve-your-employees-financial-wellness\/","title":{"rendered":"How to Improve Your Employee&#8217;s Financial Wellness?"},"content":{"rendered":"\n<p>Work is not the only stress for employees, money is also a significant stress factor. Employees stress a lot over their financial matters. To support the employees and ease their stress over financial matters, most employers are providing financial wellness benefits.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Financial wellness can be explained as an employee\u2019s overall financial health. The <a href=\"https:\/\/www.zaggle.in\/blog\/all-you-need-to-know-about-fintech\/\" title=\"All You Need to Know About FinTech\">financial wellness<\/a> benefits offered by the companies educate employees in taking a strategic approach towards their finances and hence better savings for the future. Effective <a href=\"https:\/\/www.zaggleems.com\">expense management<\/a> can help eliminate money-related stress and improve financial wellness. According to a recent survey, around 51% of employees are quite comfortable and rate their financial wellness as excellent\/good. The excellent financial wellness, in turn, has increased employee productivity.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Financial wellness is a relatively new concept. It includes 4 main components: control, security, freedom, and planning. Feeling secure and in control of their finances adds to the sense of personal financial wellness that can provide peace of mind to the employees.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Why employee financial wellness is a top priority for employers?<\/strong>&nbsp;<\/h2>\n\n\n\n<p><strong>Increased employee productivity: <\/strong>Most employees carry their financial concerns to the workplace and waste time worrying about their financial woes. Lost focus and wastage of time affect employee productivity and engagement negatively. Financial wellness programs aid employees in managing their finances better and increase employee productivity.&nbsp;<\/p>\n\n\n\n<p><strong>Improved engagement:<\/strong> Financial benefits provided by the employer show the organization\u2019s care and concern towards its employees. It increases employee engagement and motivates employees to perform better.&nbsp;<\/p>\n\n\n\n<p><strong>Best talent retention:<\/strong> Financial benefits offered by the employer provide a sense of stability to employees and help retain the talent in the era of job-hopping.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Financial wellness activities to boost employee financial well-being<\/strong>&nbsp;<\/h3>\n\n\n\n<p>Some recommendations to get an effective financial wellness program:&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Take time to understand employees\u2019 financial needs and design the program by keeping those requirements in perspective.&nbsp;<\/li><li>Ensure that employees are educated about the financial offers. Run education campaigns to make employees understand how to access and use the <a href=\"https:\/\/www.zagglesave.com\">benefits<\/a> offered.<\/li><li>Design the program to cater to the needs of a diversified workforce.&nbsp;<\/li><li>Make financial wellness programs an ongoing process, and not an on-off process. If required, deliver targeted messaging on timely events like <a href=\"https:\/\/www.zagglepropel.com\">birthdays and work anniversaries<\/a>.&nbsp;&nbsp;<\/li><li>Try putting financial wellness on the center stage so that employees and employers can focus on financial well-being as much as on physical and mental wellness.&nbsp;<\/li><\/ol>\n\n\n\n<p><strong>Win-Win Situation<\/strong>&nbsp;<\/p>\n\n\n\n<p>A financial wellness program for the employees is the right thing to do. It gives the employees and increases the employer\u2019s productivity and engagement. We at <strong><a href=\"https:\/\/www.zaggle.in\">Zaggle<\/a><\/strong>, believe that our employees are our biggest asset, and financial wellness program is our way of creating a happier and more productive workplace.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Work is not the only stress for employees, money is also a significant stress factor. Employees stress a lot over their financial matters. To support the employees and ease their stress over financial matters, most employers are providing financial wellness benefits.&nbsp;&nbsp; Financial wellness can be explained as an employee\u2019s overall financial health. The financial wellness&#8230;<\/p>\n","protected":false},"author":4,"featured_media":676,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[199,43,200,198,201],"class_list":["post-675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-employee-financial-wellness","tag-expense-management","tag-financial-well-being","tag-financial-wellness","tag-work-anniversaries"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Improve Your Employee&#039;s Financial Wellness? - Zaggle Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zaggle.in\/blog\/how-to-improve-your-employees-financial-wellness\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Improve Your Employee&#039;s Financial Wellness? - Zaggle Blog\" \/>\n<meta property=\"og:description\" content=\"Work is not the only stress for employees, money is also a significant stress factor. Employees stress a lot over their financial matters. To support the employees and ease their stress over financial matters, most employers are providing financial wellness benefits.&nbsp;&nbsp; Financial wellness can be explained as an employee\u2019s overall financial health. The financial wellness...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zaggle.in\/blog\/how-to-improve-your-employees-financial-wellness\/\" \/>\n<meta property=\"og:site_name\" content=\"Zaggle Blog\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-21T06:19:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-04T17:22:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.zaggle.in\/blog\/wp-content\/uploads\/2022\/06\/How-to-improve-your-Employees-Financial-Wellness-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1493\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jeevan Kumar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jeevan Kumar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.zaggle.in\/blog\/how-to-improve-your-employees-financial-wellness\/\",\"url\":\"https:\/\/www.zaggle.in\/blog\/how-to-improve-your-employees-financial-wellness\/\",\"name\":\"How to Improve Your Employee's Financial Wellness? - Zaggle Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.zaggle.in\/blog\/#website\"},\"datePublished\":\"2022-06-21T06:19:28+00:00\",\"dateModified\":\"2022-08-04T17:22:30+00:00\",\"author\":{\"@id\":\"https:\/\/www.zaggle.in\/blog\/#\/schema\/person\/c86ce86b80a6409a39fb1506ee40aa98\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.zaggle.in\/blog\/how-to-improve-your-employees-financial-wellness\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.zaggle.in\/blog\/how-to-improve-your-employees-financial-wellness\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.zaggle.in\/blog\/how-to-improve-your-employees-financial-wellness\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.zaggle.in\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How to Improve Your Employee&#8217;s Financial Wellness?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.zaggle.in\/blog\/#website\",\"url\":\"https:\/\/www.zaggle.in\/blog\/\",\"name\":\"Zaggle Blog\",\"description\":\"Fintech | Neo Banking | SAAS\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.zaggle.in\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.zaggle.in\/blog\/#\/schema\/person\/c86ce86b80a6409a39fb1506ee40aa98\",\"name\":\"Jeevan Kumar\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.zaggle.in\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/5857a11565869c11fd124e91de145768eac9f1559d9407a00baa8c74e380d34b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/5857a11565869c11fd124e91de145768eac9f1559d9407a00baa8c74e380d34b?s=96&d=mm&r=g\",\"caption\":\"Jeevan Kumar\"},\"description\":\"I\u2019m a technical content writer, with a passion for technology and innovation. I enjoy all aspects of online marketing spanning from organic SEO to paid digital marketing. I also have a flair for design and adept with tools like Canva, SEMrush, Ahrefs, Netcore, Sprout Social, Edifybiz and so on.\",\"url\":\"https:\/\/www.zaggle.in\/blog\/author\/jeevan\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How to Improve Your Employee's Financial Wellness? - Zaggle Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zaggle.in\/blog\/how-to-improve-your-employees-financial-wellness\/","og_locale":"en_US","og_type":"article","og_title":"How to Improve Your Employee's Financial Wellness? - Zaggle Blog","og_description":"Work is not the only stress for employees, money is also a significant stress factor. Employees stress a lot over their financial matters. To support the employees and ease their stress over financial matters, most employers are providing financial wellness benefits.&nbsp;&nbsp; Financial wellness can be explained as an employee\u2019s overall financial health. The financial wellness...","og_url":"https:\/\/www.zaggle.in\/blog\/how-to-improve-your-employees-financial-wellness\/","og_site_name":"Zaggle Blog","article_published_time":"2022-06-21T06:19:28+00:00","article_modified_time":"2022-08-04T17:22:30+00:00","og_image":[{"width":2560,"height":1493,"url":"https:\/\/www.zaggle.in\/blog\/wp-content\/uploads\/2022\/06\/How-to-improve-your-Employees-Financial-Wellness-scaled.jpg","type":"image\/jpeg"}],"author":"Jeevan Kumar","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Jeevan Kumar","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.zaggle.in\/blog\/how-to-improve-your-employees-financial-wellness\/","url":"https:\/\/www.zaggle.in\/blog\/how-to-improve-your-employees-financial-wellness\/","name":"How to Improve Your Employee's Financial Wellness? - Zaggle Blog","isPartOf":{"@id":"https:\/\/www.zaggle.in\/blog\/#website"},"datePublished":"2022-06-21T06:19:28+00:00","dateModified":"2022-08-04T17:22:30+00:00","author":{"@id":"https:\/\/www.zaggle.in\/blog\/#\/schema\/person\/c86ce86b80a6409a39fb1506ee40aa98"},"breadcrumb":{"@id":"https:\/\/www.zaggle.in\/blog\/how-to-improve-your-employees-financial-wellness\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zaggle.in\/blog\/how-to-improve-your-employees-financial-wellness\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.zaggle.in\/blog\/how-to-improve-your-employees-financial-wellness\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zaggle.in\/blog\/"},{"@type":"ListItem","position":2,"name":"How to Improve Your Employee&#8217;s Financial Wellness?"}]},{"@type":"WebSite","@id":"https:\/\/www.zaggle.in\/blog\/#website","url":"https:\/\/www.zaggle.in\/blog\/","name":"Zaggle Blog","description":"Fintech | Neo Banking | SAAS","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zaggle.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.zaggle.in\/blog\/#\/schema\/person\/c86ce86b80a6409a39fb1506ee40aa98","name":"Jeevan Kumar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zaggle.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/5857a11565869c11fd124e91de145768eac9f1559d9407a00baa8c74e380d34b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5857a11565869c11fd124e91de145768eac9f1559d9407a00baa8c74e380d34b?s=96&d=mm&r=g","caption":"Jeevan Kumar"},"description":"I\u2019m a technical content writer, with a passion for technology and innovation. I enjoy all aspects of online marketing spanning from organic SEO to paid digital marketing. I also have a flair for design and adept with tools like Canva, SEMrush, Ahrefs, Netcore, Sprout Social, Edifybiz and so on.","url":"https:\/\/www.zaggle.in\/blog\/author\/jeevan\/"}]}},"_links":{"self":[{"href":"https:\/\/www.zaggle.in\/blog\/wp-json\/wp\/v2\/posts\/675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zaggle.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zaggle.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zaggle.in\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zaggle.in\/blog\/wp-json\/wp\/v2\/comments?post=675"}],"version-history":[{"count":3,"href":"https:\/\/www.zaggle.in\/blog\/wp-json\/wp\/v2\/posts\/675\/revisions"}],"predecessor-version":[{"id":731,"href":"https:\/\/www.zaggle.in\/blog\/wp-json\/wp\/v2\/posts\/675\/revisions\/731"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zaggle.in\/blog\/wp-json\/wp\/v2\/media\/676"}],"wp:attachment":[{"href":"https:\/\/www.zaggle.in\/blog\/wp-json\/wp\/v2\/media?parent=675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zaggle.in\/blog\/wp-json\/wp\/v2\/categories?post=675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zaggle.in\/blog\/wp-json\/wp\/v2\/tags?post=675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}