Financial wellness programs can go a long way in helping you keep more employees, reduce their stress and boost their loyalty. But according to the Global Financial Literacy Excellent Center’s 2024 study, the average U.S. adult answered only 48% correctly in a test of their financial literacy.
A focus on pay literacy — a vital piece of financial literacy — could help employers improve their workforce’s overall wellness. It defines our knowledge over every component of our paychecks, including taxes, benefits, earnings, deductions and potentially much more.
In this webinar, Jean Chatzky, bestselling author and former financial editor for NBC’s TODAY show, walks you through the connection between pay literacy and financial wellness. Join her as she discusses:
- ways to improve financial wellness with a foundation of pay literacy
- how employees with high pay literacy help prevent manual work and time-consuming corrections for HR
- why it’s important to normalize conversations around what influences our pay