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17 February 2016

Benefits programs aren’t just about corporate altruism; they’re about corporate success, too

Photo: CFO ResearchFinancial executives view financial wellness as an important component of corporate performance, as well as a sound human resource management strategy, according to a new report from Prudential in collaboration with CFO Research. The findings of the report, "The Value of Employees’ Financial Wellness" show most senior financial executives believe their companies benefit from having a financially secure workforce.
"When employees are comfortable with their financial future, they are much more likely to be happy and productive workers," says Jim Gemus, senior vice president, Distribution & Product Management, Prudential Group Insurance.
"The Value of Employees’ Financial Wellness" is the first in a series of five reports based on the 2015 results of an annual survey on the benefits landscape, conducted by Prudential and CFO Research.
This year’s survey respondents continue to agree that good benefits programs are valuable for their businesses. More than 60 percent of the financial executives surveyed say employee satisfaction with benefits is important for their company’s success, and 65 percent believe employee benefits are critical to attracting and retaining employees.
"It is encouraging to see that employers are seeing the value in helping employees focus on financial wellness," Gemus says.
Want more information? Read the report. Want to speak with Jim? Contact Sheila Bridgeforth.
Group Insurance coverages are issued by The Prudential Insurance Company of America (Prudential), a Prudential Financial company, 751 Broad Street, Newark, NJ 07102
© 2016 Prudential Financial, Inc. and its related entities.

Sheila Bridgeforth
phone: 973-802-6852
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