Dive Brief:
\nThe majority (77%) of employees surveyed by Voya Financial said they plan to spend more time re-assessing their benefit elections during open enrollment this year \u2014 up from 69% last year.
\nLikewise, 63% of Americans surveyed told the firm they \u201cstrongly agree\u201d or \u201cagree\u201d that their financial stability has a direct impact on their mental health \u2014 up from 57% over the past two years.
\nVoya researchers noted that workers may benefit from more education about retirement in particular, with only about half of workers feeling \u201cvery\u201d or \u201csomewhat\u201d prepared for retirement.<\/p>\n
Dive Insight:
\nThese findings regarding employee sentiment are crucial, given the fact that less than half of employees know how to enroll in their employer-sponsored benefits, per an October report from New York Life Group Benefit Solutions.<\/p>\n
Noting that open enrollment is just a starting point, a New York Life Group exec said in a statement that when employers focus on \u201cclosing the knowledge gap\u201d year-round, they can create an overall \u201cculture of wellbeing.\u201d<\/p>\n
Similarly, beyond acknowledging the link between mental and financial well-being, Voya noted the role HR can play in supporting workers during October \u2014 and throughout the entire year.<\/p>\n
By helping workers connect with decision-making guidance in these areas, Voya Financial President John Brett noted, \u201cemployers can help their workforce make smarter choices that support both their financial wellness and retirement readiness.\u201d<\/p>","protected":false},"excerpt":{"rendered":"
Dive Brief: The majority (77%) of employees surveyed by Voya Financial said they plan to spend more time re-assessing their benefit elections during open enrollment this year \u2014 up from 69% last year. Likewise, 63% of Americans surveyed told the firm they \u201cstrongly agree\u201d or \u201cagree\u201d that their financial stability has a direct impact on […]<\/p>","protected":false},"author":1,"featured_media":2855,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2854","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/posts\/2854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/comments?post=2854"}],"version-history":[{"count":1,"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/posts\/2854\/revisions"}],"predecessor-version":[{"id":2856,"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/posts\/2854\/revisions\/2856"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/media\/2855"}],"wp:attachment":[{"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/media?parent=2854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/categories?post=2854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.talentcentralhr.com\/zh\/wp-json\/wp\/v2\/tags?post=2854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}