2024 EMPLOYER & EMPLOYEE PERSPECTIVES
The Future of Workplace Financial Well-Being.
Hear from 1,500 HR leaders and employees about financial well-being in 2024. Progress is happening, but there’s still a significant disconnect between the financial well-being benefits that employers offer and what their employees want. But there’s good news—great solutions are well within reach.
Employee financial well-being— the numbers speak for themselves.
86%
of employees are stressed about their finances.
8.2 hours
are spent at work dealing with finances every week.
48%
of employees report sleep problems due to their finances.
1/3
of employees can’t recall any financial health communications from their employer.
Statistics shown above: "The Future of Workplace Financial Well-Being" SoFi, 2024. https://www2.sofiatwork.com/2024FutureofWorkplaceFinancialWellbeing
How these stats stack up—and how you can help.
Offer SECURE 2.0 benefits.
90% of employees want this help, but 80% of employers don’t offer it. Through the SLV program, you can match retirement contributions as long as employees are making student loan payments.
Highlight financial literacy and education.
Employees’ desire to improve in this area has doubled (35% versus 17%) since our last report—they want to learn more. Helping them can help increase loyalty, morale, and retention.
Improve financial well-being communication.
70% of HR leaders say their company offers financial well-being benefits, while only 48% of employees say the same—and 14% aren’t even sure. It’s time to fix that.
Learn more →
Statistics shown above: "The Future of Workplace Financial Well-Being" SoFi, 2024. https://www2.sofiatwork.com/2024FutureofWorkplaceFinancialWellbeing.
Help employees take charge of their finances—with SoFi at Work.
We offer exclusive benefits and programs that can increase financial literacy and well-being.
Financial literacy
Help employees manage finances all in one place—student loans, credit score monitoring, a vast library of education content, and meet 1:1 with a SoFi Financial Planner, if they choose.
Emergency savings
Emergency savings accounts help employees prepare for the unexpected so they can reduce stress and pay expenses as they arise.
Education assistance
Help employees pay off debt and start to build wealth with our Student Loan Contribution Program.
The Future of Workplace Financial Well-Being: 2024 Employer & Employee Perspectives
Get the latest financial well-being stats from SoFi at Work’s most extensive workplace study to date. You’ll get the real scoop on the current state of employee financial well-being from 1,500 of today’s HR leaders and workers.
Keep your finger on the pulse
of employee financial concerns.
Let’s work together.
Want to learn more about SoFi at Work? Let’s talk!