Workplace Financial Coaching Has Become Ever More Important

Employees face growing challenges to their financial wellness today, so it’s more critical than ever that employers provide the help they need to navigate them.

Three adults look attentive during an office meeting.
(Image credit: Getty Images)

“I read the news today (oh boy).”

These iconic opening lyrics from The Beatles song “A Day in the Life” resonate as much today as they did in 1967. In today’s rocky economic environment, elevated interest rates, high inflation and slow wage growth have contributed to historically high levels of financial stress, low feelings of financial wellness and a steady depletion of pandemic-era savings.

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Greg Ward, CFP®
Director, Financial Wellness Think Tank, Financial Finesse

Greg Ward, CFP®, is the Director of the Financial Wellness Think Tank at Financial Finesse, where he oversees industry-leading research on financial wellness best practices and trends, looking at both the workplace environment and employee sentiment. Recent examples include studies on the shifting financial priorities of Millennials and Gen Z and longstanding racial financial wellness and wealth gaps.