Vestwell's Retirement Trends Report, which is based on a survey of over 1,300 employees, 500 advisers and 250 small-business owners in the United States, is insightful. The findings relay the idea that integrating an adviser's services with your benefits package can set your company apart from competitors.
The younger generations are feeling anxious about the state of the economy and the rising costs of living, as well as job instability in the tech industry. As a result, they are turning to HSAs to help them stay on track with their financial and savings goals. HSAs are accounts that provide tax benefits to both employers and employees, helping them navigate the rising costs of living and health care expenses while planning for the future.
Want to attract and retain workers? Who doesn't? Consider free meals. Company-paid lunches are a major perk that's hard to pass up, especially if you're a millennial. USA Today reported that providing free food to your employees can result in a 67% job satisfaction rate.
The importance of health and wellness in the workplace is indisputable. In a 2021 survey, 79% of employees said their employer's well-being programs helped them become as productive as possible. Additionally, 79% said these programs helped them avoid getting sick.
"To prosper over time," Laurence Fink, CEO of BlackRock, once wrote in a public letter, "every company must not only deliver financial performance but also show how it makes a positive contribution to society." Employee volunteer programs help you align with your corporate vision by offering such opportunities to your employees and nonprofit partners. Thoughtful planning and execution are essential to having an impact on company culture and making a difference for your team and in your community