Blog

 

Financial Wellness is an Important Component of Any Comprehensive Employee Benefits Plan

June, 2017

We all know how important it is to limit distractions at work. It seems obvious that productivity will suffer when an employee is sick and working at a reduced capacity or unable to work altogether. But what about if the employee is in perfect physical health, but struggling with their personal finances. This can cause stress and distractions that are much less obvious than say, the flu, but can still result in reduced productivity in the workplace a.k.a. presenteeism.

As the overall well being of employees has come to the forefront of preventing absenteeism and presenteeism, Financial Wellness has become a "hot topic". A growing number of employers have begun incorporating Financial Wellness programs to help employees help themselves with their personal finances. PricewaterhouseCooper's 2016 Employee Financial Wellness Survey showed that 52 percent of workers and 64 percent of Millennials said they are stressed about their finances. And they feel the stress is increasing. Forty-five percent said their finance-related stress had increased during the past year. The study also showed that stress about finances is distracting workers as 46 percent spend three or more hours during the workweek dealing with or thinking about financial issues.

While the numbers are increasing, we've been sensitive to distractions caused by issues other than health for a long time. Our Family Protection Plan was designed from inception to provide employees and their families with stress and distraction reducing meaningful benefits for everyday life.

In addition to access to Free and Discounted Legal Care, Financial Education and Tax Preparation and Advice are both part of Legal Club's Family Protection Plan. Each component, along with our best in class Identity Theft Solutions plan, helps to promote financial wellness and peace of mind.

 

 

 

 

 

 

 

 

 

 

 

 

Blog List

 

Return to Blog Overview

APRIL, 2022
How to Reach Your Financial Goals

MARCH, 2022
Ways Credit Counseling Can Help You Pay Off Debt

FEBRUARY, 2022
How Working Remotely Could Affect Your Taxes

JANUARY, 2022
Important Tax Information for 2022

DECEMBER, 2021
New Year's Resolutions for 2022

NOVEMBER, 2021
How to Boost Your Annual Enrollment Strategy

OCTOBER, 2021
Join Legal Club in Supporting Breast Cancer Awareness Month

SEPTEMBER, 2021
Incidences of Identity Theft are Rising Due to the Pandemic

AUGUST, 2021
Has the Value of Voluntary Benefits Increased Due to the Pandemic?

JULY, 2021
Does Your Sales Message Stand out?

JUNE, 2021
Financial Wellness - An Important Part of Any Comprehensive Employee Benefits Plan

MAY, 2021
Account Rounding - Another Way Legal Club Helps Employee Benefit Professionals

APRIL, 2021
Estate Planning - One of the Many Ways Group Legal Benefits from Legal Club are Meaningful

MARCH, 2021
Tax Season Tip: How to Avoid an IRS Audit

FEBRUARY, 2021
Tax Filing Season Starts February 12

JANUARY, 2021
Important Tax Changes for 2021

DECEMBER, 2020
The Added Importance of Voluntary Benefits In The New Year

NOVEMBER, 2020
5 Reasons Why Employers Should Offer a Group Legal Plan

OCTOBER, 2020
Legal Club Supports Breast Cancer Awareness

SEPTEMBER, 2020
It's Never Too Early to Check Tax Withholding

AUGUST, 2020
9 Questions That Explain Why Plans From Legal Club Provide Meaningful Benefits For Everyday Life

JULY, 2020
Overcoming the Pitfalls of Home Buying in the New Normal

JUNE, 2020
Advice For Attorneys During Uncertain Times

Meaningful Benefits for Everyday Life

Legal, Tax, Identity Theft solutions and more

Corporate Headquarters

7771 W. Oakland Park Blvd., Suite 217

Sunrise, Florida 33351-6796

Toll Free Main 800-316-5387

Local Main 954-377-0222

Fax 954-267-0401

info@legalclub.com

Legal Club provides group legal, tax, ID theft solutions and other benefits to more than 2,000,000 working Americans and their families. Legal Club's suite of products can be tailored to meet the needs of evolving employee populations and are designed to provide maximum value and flexibility. Partnering with agents, brokers, consultants and other distributors, Legal Club has provided meaningful benefits for everyday life to organizations around the country for more than two decades.

Legal Club is a proud sponsor of BCRF, donating 2% of revenue from new group cases each year. Learn more >

© 2022  Legal Club of America. Privacy Policy | Disclaimer