B18 | The Role of Financial Care for Employee Health, Wellbeing and a Thriving Workforce
- Room: Bellagio Ballroom 4
- Session Number: B18
Thursday, April 25, 2024: 10:45 AM - 11:15 AM
Speaker(s)
Description
Physical health benefits have been status quo for employers since subsidized coverage was introduced in the 1940s. Fast forward to 2020 – during the height of COVID – and mental health-focused benefits to combat worker stress and burnout moved into the mainstream. Today, as inflation remains high, we’re overdue for the next iteration of holistic wellness benefits: financial care. Financial stress is making workers sicker than ever, harming health and workplace productivity. In fact, 75-90% of doctor visits are for stress-related ailments, and 76% of stressed workers say that financial worries hurt their productivity. This panel , will discuss the power of financial wellness benefits, alongside physical and mental health offerings, to usher in a new generation of employee benefits that better supports the needs of today’s employee and improves business results.
Session Type
Learning Objectives
1) Best practices to implement financial benefits and their role in holistic employee wellbeing.
2) Reframe the employee benefits conversation to best serve changing employee needs.
3) Tailor benefits for the financially ill to lower company healthcare costs, increase productivity/retention and improve the bottom line.
Handout(s)
- Employee Financial Wellness