5 stories on supporting workers financially — beyond salary

One of the top ways to sway new talent is to pay them well, various surveys have shown. But keeping employees on board may require more than that.

Employee engagement has continued its decline post-pandemic. To combat it, some employers have turned to well-being benefits — and financial well-being is a large aspect of that, especially as employees contend with all manner of problems brought on by the pandemic and inflation.

But what do financial well-being benefits look like, and how can an employer stand out? Below are several angles that employers have taken to approach this issue, as well as surveys indicating worker pain points. Workers’ “permacrisis” could be an opportunity for employers to offer more support; after all, workers who say they feel supported are more likely stick around.