7 Ways Your Employees Can Benefit From a Financial Wellness Program

Money problems are a big source of stress for many people. That stress can make it hard to focus at work or even show up every day. That’s why more and more companies are offering financial wellness programs to help employees feel more in control of their money and their future.

These programs provide workers with tools, lessons, and support to help them feel more confident about their financial situation.

What is a Financial Wellness Program?

A financial wellness program helps your employees learn how to manage their finances effectively. It includes:

• Learning how to make a budget

• Figuring out how to pay off debt

• Learning how to save for emergencies and the future

• Getting help from financial coaches or online tools

Let’s look at how these programs can benefit employees.

Financial wellness program benefits for employees

Here are some of the significant benefits that a financial wellness program delivers to your employees:

1. Less stress about money

Money worries are one of the biggest reasons people feel stressed. When people feel overwhelmed by bills or debt, it’s hard to focus at work. In fact, a 2023 PwC survey found that 57% of employees say that money is their #1 stress.

Financial wellness programs help by giving people the tools and support they need. Employees who know how to manage their money feel more relaxed and focused on their jobs.

2. Learning how to handle money

Financial education is most effective when it’s embedded into the tools employees use every day. Instead of relying solely on classes or one-time workshops, modern financial wellness programs should equip employees with real-time, in-the-moment learning through digital tools, smart alerts, and practical features they can act on immediately.

• Save more

• Spend less

• Understand credit and loans

The more people learn, the more confident they feel about managing their finances. 

3. Better budgeting and saving

Effective programs empower employees to both plan and take action. With Chime Workplace, employees can track their spending, set savings goals, and utilize high-yield savings accounts that help them grow their money faster, eliminating the need for separate apps or accounts.

This helps them build emergency funds, avoid relying on high-interest credit, and reduce the financial shocks that cause stress at work.

4. Planning for the future

These programs don’t just focus on today — they also help people plan for tomorrow. Employees can learn how to:

• Save for retirement

• Buy a house

• Pay for a child’s education

Workers feel safer and more hopeful when they believe they have a clear plan for the future. The PwC survey found that “the top three financial wellness benefits employees would like to receive from their employer are retirement planning (53%), investment programs (42%), and emergency savings (38%), showing they appreciate employer support and assistance to achieve their long-term financial goals. 

5. Happier and more focused at work

Workers feel more supported when they know their employer cares about their well-being. That can lead to:

• Better focus

• More teamwork

• Less quitting

• Higher job satisfaction

Employees who feel supported are more likely to stay and do their best work.

6. Better health

Money stress affects sleep, mental health, and physical health. By providing employees with tools to manage expenses and avoid financial crises, companies can reduce one of the biggest contributors to health-related absences and burnout.

Fee-free features like overdraft protection, combined with Earned Wage Access, help employees stay on track and avoid the cascading health effects of constant financial pressure.

7. Better habits with money

Financial wellness isn’t just about knowledge—it’s about building sustainable habits. Chime Workplace supports behavior change by making smart financial choices automatic:

• Savings that earn interest

• Responsible wage access instead of payday loans

• Credit-building tools that help improve financial standing over time

Credit building, in particular, is often overlooked in wellness programs—but it's one of the most powerful tools an employer can offer. Chime Workplace helps employees grow credit without the fear of fees or penalties—unlocking access to better rates, housing, and stability.

How Chime Workplace can help

Chime Workplace™ offers an all-in-one, holistic financial wellness suite that supports your team in every step of their journey. Unlike legacy providers or point solutions, it delivers real results across the entire spectrum of financial health.

With Chime, your employees can:

• Get no-fee access to earned pay with Earned Wage Access.

• Avoid overdrafts with proactive account monitoring and $200 overdraft protection.

• Grow their money with high-yield savings accounts.

• Build credit safely through everyday purchases and on-time payments.

• Access tools that work behind the scenes to build healthy habits.

By giving employees real-time financial control and tools that support long-term progress, Chime Workplace improves well-being, reduces turnover, and helps your business thrive.

Want to learn more?
Schedule a demo to see how Chime Workplace can bring real financial wellness to your workforce.