Employee Wellness Program Benefits
At Mentoro, our team is committed to working with you and your staff to develop a detailed blueprint for future financial freedom. Through our collaborative approach, we empower participants and aim to create a happier and more productive workspace. We become experts on your company benefits and offer turn-key financial wellness solutions for all involved.
But, before we get too detailed, it’d be wise to first paint a clear picture of what financial wellness means and how it can help you.
What is Financial Wellness?
In the simplest of terms, financial wellness is the meaningful approach to the handling and understanding of your money. For some, it means stability. For others, it’s the absence of stress. For many, it seems a distant destination. But in reality, financial wellness has as much to do with having the right state of mind as it does reaching your financial goals. You don’t have to achieve a high income or elite status to benefit from these solutions.
In fact, everyone has the capacity to be financially well, as it can help you:
- Attain financial fitness; it’s a matter of health not wealth.
- Maintain the right balance between spending and saving.
- Develop an ongoing financial plan that eliminates stress
- Gain the confidence and knowledge to make informed financial decisions
- Control your money so that it does not control you.
Why is Financial Wellness Important?
Not only is financial wellness an important resolve to the retirement crisis, but it is also vital for the day-to-day activities of individuals, families, and organizations. Mentoro provides clients the resources to cover the gap between employers and their workforce. By addressing key financial risks, our solution acts as a catalyst for necessary behavior change.
Although many have similar experiences, finance is often not an easy topic to discuss or understand. A key difference between our employee wellness programs and others is our belief in unbiased mentorship. With our focus being on holistic wellness and our client’s on financial education, we can easily identify a specific path forward, removing any fear of ulterior motive. Before developing such a plan, all employees will be asked to complete a financial wellness exam to identify top priorities and vulnerabilities. This empirical data defines the scope of relevant financial conversations and assists in reinforcing company-wide initiatives.
And lastly, by leveraging technology and ongoing plan management, we spark engagement from participants, allowing them to see firsthand the impact financial wellness can make on their lives. Some of these resulting factors are key benefits recognized in our financial wellness program, such as:
- An increase in employee satisfaction
- Greater employee retention
- Improved productivity
- Reduced absenteeism
- Stronger employee recruitment
A happy employee also means a healthy, productive one. Giving your team the tools they need to become successful monetarily can boost your business and enlighten an employee’s experience.
Contact us today for more about our employee benefit programs!
Mentoro seeks to spread financial literacy in your workplace by creating custom programs that ease financial stress and equip your employees. With the goal of all achieving financial wellness at our core, all our services are based on four key values, to engage, examine, educate, and empower.
For more information, contact us online today to learn more about our employee financial wellness programs or call 1.844.324.2411.