2016 Employee Financial Wellness Survey finds employee rate 401(k) education as more helpful when employers offer financial wellness program.
St. Louis, MO (PRWEB) May 17, 2016
Four Seasons Financial Education (FSFE) recently revealed their 2016 Employee Financial Wellness Survey. This year's survey revealed the impact of employee satisfaction on 401(k) education with and without a financial wellness program. Employees were asked, "How helpful is the education you receive from your employer's 401(k) plan?" They were then asked to pick from five categories from "extremely helpful" to "not at all helpful."
When no wellness program existed in the workplace, 8% of employees answered, "extremely helpful." When an employee had a financial wellness program available, that response increased to 17%. There was also an improvement in the botton two categories of "not very helpful" and "not at all helpful" from 25% to 14% when a financial wellness program was provided.
"When retirement plan professionals and financial wellness vendors work together, they can greatly increase participant knowledge," says Travis Freeman, president of FSFE. "It takes a team of professionals to work towards the greatest impact for the employer and the participants."
The new FSFE survey also reviewed top financial goals, employer loyalty, benefits understanding, wellness statistics and more. This year's survey included 554 full-time employees from around the US. The survey results can be found at http://www.FSFE.com/survey.
About Four Seasons Financial Education
Four Seasons Financial Education is positioned to provide workplace financial wellness services to companies throughout the US to help them improve their bottom line. Since 1986, we have helped corporations increase workplace productivity by focusing on the most important asset of the company - the employees. Services provided through RFG Advisory Group, an SEC Registered Investment Adviser.
For the original version on PRWeb visit: http://www.prweb.com/releases/2016/03/prweb13282889.htm