"Will financial wellness ever be as ubiquitous as healthcare? "

To some, this question might conjure up images of a far away future, in workplaces that look much different than they do today.

But Karlos Guerra, Benefits Consultant at Lockton Companies, has already witnessed this emerging benefit gain a ton of traction. For him, a world where companies prioritize employee financial wellbeing as much as physical and mental wellbeing isn't far off at all.

It's no secret - healthcare is the fastest growing sector of our economy, estimated to grow 19% between now and 2024. As a result, hiring and retaining the best talent is a growing challenge.

Sleep impacts the overall wellbeing of your organization, and money-related stress is preventing your employees from getting enough.  

According to a 2019 survey by Bankrate.com, more than half of American adults are losing sleep over financial stress.

With open enrollment in full swing, it’s time for your team to review their health insurance options. A common approach is to check the same box as last year, leaving your health insurance unchanged for another 12 months. 

In making this quick, uninformed decision, most employees aren’t aware of potentially missing out on a powerful retirement savings tool. 

What is keeping your hard-working employees up at night? No, it’s not nightmares from the latest horror movie to hit Netflix. It’s their financial fears.

On Monday, many employees enjoyed a day off to celebrate their hard work on Labor Day. Today, employers can help their teams celebrate their future plans to take it easy in retirement — it’s National 401(k) day! 💸

Open enrollment is a chance for your employees to take control of their health (and wealth) for the new year, but many don’t see it that way. Instead, they'll spend open enrollment trying to calculate how to pick the cheapest plan based on the amount taken out of their paycheck.

Take a look into your employee benefits crystal ball. What does the future of financial wellness hold? Our rapidly changing workplaces make planning for 2020 (and beyond) a challenge, but industry trends can tell us a lot.

The healthcare industry is booming. It’s one of the fastest growing sectors of the U.S. economy, and it shows no signs of slowing down.

But with spectacular growth comes high levels of stress, heavy financial burdens, and significant emotional burnout for employees in the healthcare industry.

For HR or benefits professionals at competitive law firms, finding the right benefits offering for your employee is a top priority. The happier and healthier your team members are, the better off your firm is.

For this reason, offering a financial wellness package as a benefit to your employees is an excellent decision.