Publication Date
2-2018
Publisher
Social Policy Institute at Washington University in St. Louis
Summary
Workplace-based Employee Financial Wellness Programs (EFWPs) aim to strengthen employees’ financial well-being through services such as financial coaching, payroll advances and short-term installment loans, credit counseling, debt management, and online financial management tools. Although EFWPs are a fast-growing part of employee benefit packages, offerings vary widely in service type and delivery method across em-ployers, and little research has assessed their efficacy and reach.1 Our prior research2 indicates significant differences among employees, includ-ing by race/ethnicity3, regarding their awareness, utilization, and self-reported benefits from EFWP services. This brief adds to this research by exam-ining these differences in EFWP reach by employ-ees’ financial circumstances
Document Type
Research Brief
Original Citation
Fox-Dichter, S., Zeng, Y., Despard, M., Frank-Mill-er, E., & Germain, G. (2018). Employee financial wellness programs: Differences in reach by finan-cial circumstances (SPI Research Brief No. 18-02). St. Louis, MO: Washington University, Social Policy Institute.
DOI:
https://doi.org/10.7936/5g1g-dq59
Project
Workforce Financial Stability Initiative (WFSI)
Recommended Citation
Fox-Dichter, S., Zeng, Y., Despard, M., Frank-Mill-er, E., & Germain, G. (2018). Employee financial wellness programs: Differences in reach by finan-cial circumstances (SPI Research Brief No. 18-02). St. Louis, MO: Washington University, Social Policy Institute.
Included in
Economic Policy Commons, Education Policy Commons, Health Policy Commons, Public Policy Commons
Notes
Permanent URL: https://doi.org/10.7936/5g1g-dq59