Financial Counseling for Low- and Moderate-Income Employees: An Assessment of Engagement and Outcomes

Author

Mathieu Despard PhD, MSW, Washington University in St. Louis
Yingying Zeng MSW, MSP, Washington University in St. Louis
Sophia Fox-Dichter MSW, Washington University in St. Louis

Publication Date

2019

Publisher

Social Policy Institute at Washington University in St. Louis

Summary

Employee financial wellness programs (EFWPs) are gaining in popularity as a strategy to address workers' financial challenges and goals beyond offering health and retirement benefits. Most workers say they are stressed about their finances¹ and a third are less productive at work because of this stress.² Although employers are increasingly interested in offering EFWPs, little research has been conducted concerning these workplace financial products and services.

Document Type

Research Brief

Original Citation

Despard, M., Zeng, Y., & Fox-Dichter, S. (2019). Financial counseling for low- to moderate-income employees: An assessment of engagements and outcomes. (SPI Research Brief No. 19-03). St. Louis, MO: Washington University, Social Policy Institute.

Notes

Permanent URL: Workforce Financial Stability Initiative (WFSI)

DOI:

https://doi.org/10.7936/c2ef-sc98

Project

Workforce Financial Stability Initiative (WFSI)

Recommended Citation

Despard, M., Zeng, Y., & Fox-Dichter, S. (2019). Financial counseling for low- to moderate-income employees: An assessment of engagements and outcomes. (SPI Research Brief No. 19-03). St. Louis, MO: Washington University, Social Policy Institute.