Employee Financial Wellness
Address financial stress within your multi-generational workforce
Employee financial stress reaches right to the bottom line of businesses everywhere. And, when you help your employees manage debt and save for retirement, you improve employee productivity, satisfaction and loyalty.
With HUB, you get sound advice on how to develop and implement a comprehensive strategy tailored to your unique employee population. If you’re like most employers, you have multiple generations in your workforce, all with different financial goals and challenges. We’ll help you address their needs and, in doing so, support your organization’s recruitment and retention strategy. Our comprehensive approach includes health, disability and retirement services.
Let’s build a tailored strategy to meet the unique needs of your workforce.
What an employee financial wellbeing program can include
No two workforces have the same financial challenges. HUB builds a program around your employees' actual needs whether they're managing debt, building savings or planning for retirement.
Program components may include:
- Budgeting and cash-flow tools – Interactive resources that help employees track spending, manage expenses and build stronger financial habits.
- Debt management and repayment guidance – Support for reducing debt, improving credit and navigating repayment options, including student loans and public service loan forgiveness.
- Personalized financial coaching – One-on-one access to certified financial coaches who provide unbiased, confidential guidance through HUB FinPath.
- Financial literacy resources – Structured learning paths covering foundational and advanced personal finance topics, from benefits enrollment to tax planning.
- Retirement planning support – Tools and advisor access to help employees set goals, maximize their 401(k) participation and build long-term financial security.
- Emergency savings programs – Resources to help employees establish a financial safety net and reduce reliance on high-cost credit.
Why financial wellbeing is a business priority
A strong financial wellbeing program doesn't just benefit employees, it delivers measurable returns for your organization.
- Productivity – Financially stressed employees lose nearly 20 workdays a year to distraction. Reducing that stress improves focus and output.
- Retention and recruitment – A meaningful benefits package differentiates you as an employer of choice and supports long-term talent strategy.
- Benefits ROI – When employees understand and use their benefits your investment in those programs goes further.
Bridging Employer and Employee Perspectives through Data-Driven Insights
HUB FinPath
Give your workforce a path to financial wellness
HUB FinPath is a personalized wellbeing offering that gives employees access to certified financial coaches, and digital tools that help employers strengthen the financial health of their workforce.
Employee Financial Wellness FAQ
Employee financial wellbeing is a workplace benefit strategy that helps employees build financial confidence, reduce stress and make stronger money decisions — across every stage of their career. It goes beyond retirement savings to address the full picture of financial health, including budgeting, debt management, credit building and emergency preparedness. Through tools, education and one-on-one coaching, a financial wellbeing program gives employees the practical support they need to take control of their finances.
Financial stress doesn't stay home when employees come to work. Research shows that 70% of employees experience financial stress in the workplace, contributing to absenteeism, lower productivity and higher turnover. Employers who invest in financial wellbeing programs strengthen workforce engagement, improve retention and get better utilization from their existing benefits — including retirement plans. It's also a competitive differentiator: more than 85% of employees say it's important or very important for their employer to offer financial wellbeing initiatives, yet few organizations deliver programs that truly meet employee needs.
Programs vary based on workforce needs, but a comprehensive approach typically spans budgeting and cash-flow tools, debt and credit management resources, personalized financial coaching, financial literacy education, retirement planning support and emergency savings guidance. HUB's approach through HUB FinPath also includes an artificial intelligence (AI)-enhanced platform that adapts to each employee's financial journey and connects them with certified financial coaches for one-on-one guidance.
Effective programs work by replacing uncertainty with knowledge and access. When employees have a certified coach to talk to, tools to track their spending and a clear path toward their goals, financial stress loses its grip. HUB FinPath, for example, helps employees build emergency savings, improve credit scores and reduce debt through personalized coaching and interactive planning tools — giving them the confidence to make better decisions rather than react to financial pressure.
The connection between financial stress and workplace performance is direct. Employees distracted by money concerns spend nearly 20 business days a year disengaged at work — and presenteeism driven by financial stress has been tied to more than $150 billion in lost productivity in a single year. Organizations that invest in financial wellbeing reduce that drag and build stronger loyalty. Employees who feel supported financially are more focused, more engaged and more likely to stay.
Traditional benefits — health insurance, dental, vision, a 401(k) — address specific needs at specific moments. Financial wellbeing programs work across the full arc of an employee's financial life, helping them make the most of those benefits while also addressing the everyday challenges that fall outside them: credit card debt, student loans, unexpected expenses, savings goals. A financial wellbeing strategy doesn't replace core benefits. It amplifies them by helping employees understand, engage with and act on what's already available to them.
Every generation in your workforce faces financial stress — but the nature of that stress differs. Baby Boomers may be focused on retirement readiness, while Millennials and Gen Z employees are often managing student debt, building emergency savings or buying their first home. A strong financial wellbeing program meets employees where they are with personalized resources, adaptive learning tools and coaching that addresses individual goals rather than applying a one-size-fits-all solution. HUB's advisors help organizations design strategies that address the distinct financial priorities across a diverse workforce.
Retirement readiness and financial wellbeing are deeply connected. Employees who are managing debt or living paycheck to paycheck often can't prioritize their 401(k) — even when an employer match is on the table. Financial wellbeing programs build the foundation that makes retirement planning possible: reducing debt, creating savings habits and increasing benefits literacy. HUB integrates financial wellbeing and retirement planning through a coordinated approach that helps employees engage with their 401(k), understand contribution strategies and plan for long-term financial security.
Disclosure
HUB Retirement and Private Wealth offers institutional and retirement services to for-profit and not-for-profit organizations and customized private wealth management services to individuals and families. HUB Retirement and Private Wealth employees are Registered Representatives of and offer Securities and Advisory services through various Broker Dealers and Registered Investment Advisors, which may or may not be affiliated with HUB International. Insurance services are offered through HUB International, an affiliate.
This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. Any economic forecasts set forth may not develop as predicted and are subject to change.
