Resolve to prioritize financial benefits — your employees are

With so much coverage around supply chain delays, rising inflation, increased demand on the healthcare system and rising numbers of COVID-19 again, it comes to bear that consumer confidence may be shaken. But what about employee confidence, which ties to financial confidence? According to “The Impact of the Great Resignation on Benefits Needs and Expectations” report from Betterment’s 401(k) business, financial benefits are a top priority for employees above in-office perks and vacation time.

The survey, which ran in September 2021, examined 1,000 full-time employees’ understanding of financial wellness, how they would rate their own accordingly and the types of benefits they want their employer to provide with both the pandemic and Great Resignation as a backdrop. Perhaps unsurprisingly, the findings indicate that employees are still hurting financially, and 54% of workers are somewhat or significantly more stressed about their finances than they were before the pandemic.