Financial Well-Being Is Key to Making Work Accessible

Financial Well-Being Is Key to Making Work Accessible

This IDC Market Perspective assesses the importance that financial partnerships between employers and employees play in building strategic retention. "Organizations are investing in strategic resources like financial well-being to gain insight into areas of financial stress for employees while channeling insights from those resources to determine where they can better partner to relieve stress and improve how employees manage work and life obligations," notes Zachary Chertok, research manager for Employee Experience, IDC. "For employees, financial well-being resources are tantamount to financial and financial risk planning against life goals or objectives. For employers, aggregating trends around these stresses can help surface insights as to whether they are rising equitably to meet their employees' costs of accessing work."

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