In 2020, 53 percent of employees in the United States said that they would feel less stressed about their overall financial situation if their employer offered them financial wellness benefits. About 30 percent of employees said that financial wellness benefits would make them more productive at work.
Positive effects of employers offering financial wellness benefits according to employees in the United States in 2020
Gen Z to Boomers (both employed and unemployed, but actively searching for work)
Method of interview
Online survey
Supplementary notes
The source provided the following list of financial wellness benefits to the respondents:
1. 401(k) retirement plan with match
2. Student loan repayment assistance
3. 401(k) retirement plan without match
4. Unlimited PTO
5. Tuition reimbursement
6. Assistance planning for college expenses (e.g. 529 College Savings Plan)
7. Access to financial counseling
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SoFi. (July 29, 2020). Positive effects of employers offering financial wellness benefits according to employees in the United States in 2020 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1173438/positive-effects-financial-wellness-benefits-employee-usa/
SoFi. "Positive effects of employers offering financial wellness benefits according to employees in the United States in 2020." Chart. July 29, 2020. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1173438/positive-effects-financial-wellness-benefits-employee-usa/
SoFi. (2020). Positive effects of employers offering financial wellness benefits according to employees in the United States in 2020. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1173438/positive-effects-financial-wellness-benefits-employee-usa/
SoFi. "Positive Effects of Employers Offering Financial Wellness Benefits According to Employees in The United States in 2020." Statista, Statista Inc., 29 Jul 2020, https://www.statista.com/statistics/1173438/positive-effects-financial-wellness-benefits-employee-usa/
SoFi, Positive effects of employers offering financial wellness benefits according to employees in the United States in 2020 Statista, https://www.statista.com/statistics/1173438/positive-effects-financial-wellness-benefits-employee-usa/ (last visited November 23, 2024)
Positive effects of employers offering financial wellness benefits according to employees in the United States in 2020 [Graph], SoFi, July 29, 2020. [Online]. Available: https://www.statista.com/statistics/1173438/positive-effects-financial-wellness-benefits-employee-usa/
