Rising financial concerns can’t be ignored because there’s a strong connection between stress and finances. Financial issues can cause stress, which can negatively affect how people manage their finances.
83% of workers say finances contribute to their stress
47% say it’s a major or the biggest factor of stress
When employees improve their financial wellness, they’re better able to manage everyday expenses, reduce stress, save for retirement and pay off debt.
People who use financial wellness resources report positive outcomes.
77% say they’ve had a positive impact
69% say they’ve helped reduce the amount of stress they feel about finances
Less than half have taken advantage of financial wellness programs at work
Discover the impact student loans can have on employees.
82% are interested in working with an RC (or already do)
The top reason people don’t use wellness programs? They prefer more personalized help. When asked what that means, employees’ answers fell into four categories:
Retirement consultants (RCs) continue to be a winning strategy for personalized education. Desire for one-on-one meetings is up since two years ago.
82%
92%
Participants contribute 92% more when they meet with a Lincoln RC.
In this survey, the term “retirement consultant” was used to represent personal help from a financial professional. This could be a financial adviser servicing the plan or someone working directly for the plan provider. Lincoln retirement consultants can offer support for participants and complement the services an adviser provides.
Source: Lincoln Financial Group, plan data, 2Q 2023.
Giving participants personalized support may help them improve wellness and deal with stress, allowing them to increase engagement.
The Lincoln WellnessPATH® financial wellness tool offers personalized suggestions and helps participants take charge of wellness. The new WellnessPATH® Marketplace lets them easily act on those suggestions by providing total well-being solutions.
Participants benefit from Lincoln’s tech-enabled, people-connected approach. A personalized online experience plus personal support can be a powerful combination to drive engagement.
RCs have a measurable impact on contributions, via both in-person and virtual meetings.
Read the full report to explore the 2023 research and solutions.
Wellness@Work is a platform for research and viewpoints on central issues related to group benefits and retirement planning. The program seeks to identify forward-thinking ways to help financial professionals, employers and employees. As part of the program, Lincoln sponsors both proprietary and third party research, with an emphasis on what drives better benefit and retirement outcomes.
The 2023 Wellness@Work study is based on a national survey of 2,604 full-time workers who are eligible to contribute to an employer-sponsored retirement plan, including 2,104 participants and 500 non-participants. Greenwald & Associates, a third party market research firm, conducted the study on behalf of Lincoln Retirement Plan Services. Greenwald & Associates is not associated with Lincoln Financial Group. Online interviewing took place from February 16 to March 14, 2023. Data is weighted by demographics to mirror the total population.
The 2022 Wellness@Work study is based on a national survey of 2,503 full-time workers who have access to insurance benefits (at least one of the following: disability, life, dental, vision, critical illness, accident or hospital indemnity) through their employer. Greenwald Research, a third-party market research firm, conducted the study on behalf of Lincoln Financial Group. Greenwald Research is not associated with Lincoln Financial Group. Online interviewing took place from January 28, 2022 to March 1, 2022. Data is weighted by demographics to mirror the total population.
Rising financial concerns can’t be ignored because there’s a strong connection between stress and finances. Financial issues can cause stress, which can negatively affect how people manage their finances.
83% of workers say finances contribute to their stress
47% say it’s a major or the biggest factor of stress
When employees improve their financial wellness, they’re better able to manage everyday expenses, reduce stress, save for retirement and pay off debt.
People who use financial wellness resources report positive outcomes.
77% say they’ve had a positive impact
69% say they’ve helped reduce the amount of stress they feel about finances
Less than half have taken advantage of financial wellness programs at work
Discover the impact student loans can have on employees.
82% are interested in working with an RC (or already do)
The top reason people don’t use wellness programs? They prefer more personalized help. When asked what that means, employees’ answers fell into four categories:
Retirement consultants (RCs) continue to be a winning strategy for personalized education. Desire for one-on-one meetings is up since two years ago.
82%
92%
Participants contribute 92% more when they meet with a Lincoln RC.
In this survey, the term “retirement consultant” was used to represent personal help from a financial professional. This could be a financial adviser servicing the plan or someone working directly for the plan provider. Lincoln retirement consultants can offer support for participants and complement the services an adviser provides.
Source: Lincoln Financial Group, plan data, 2Q 2023.
Giving participants personalized support may help them improve wellness and deal with stress, allowing them to increase engagement.
The Lincoln WellnessPATH® financial wellness tool offers personalized suggestions and helps participants take charge of wellness. The new WellnessPATH® Marketplace lets them easily act on those suggestions by providing total well-being solutions.
Participants benefit from Lincoln’s tech-enabled, people-connected approach. A personalized online experience plus personal support can be a powerful combination to drive engagement.
RCs have a measurable impact on contributions, via both in-person and virtual meetings.
Read the full report to explore the 2023 research and solutions.
Wellness@Work is a platform for research and viewpoints on central issues related to group benefits and retirement planning. The program seeks to identify forward-thinking ways to help financial professionals, employers and employees. As part of the program, Lincoln sponsors both proprietary and third party research, with an emphasis on what drives better benefit and retirement outcomes.
The 2023 Wellness@Work study is based on a national survey of 2,604 full-time workers who are eligible to contribute to an employer-sponsored retirement plan, including 2,104 participants and 500 non-participants. Greenwald & Associates, a third party market research firm, conducted the study on behalf of Lincoln Retirement Plan Services. Greenwald & Associates is not associated with Lincoln Financial Group. Online interviewing took place from February 16 to March 14, 2023. Data is weighted by demographics to mirror the total population.
The 2022 Wellness@Work study is based on a national survey of 2,503 full-time workers who have access to insurance benefits (at least one of the following: disability, life, dental, vision, critical illness, accident or hospital indemnity) through their employer. Greenwald Research, a third-party market research firm, conducted the study on behalf of Lincoln Financial Group. Greenwald Research is not associated with Lincoln Financial Group. Online interviewing took place from January 28, 2022 to March 1, 2022. Data is weighted by demographics to mirror the total population.
Rising financial concerns can’t be ignored because there’s a strong connection between stress and finances. Financial issues can cause stress, which can negatively affect how people manage their finances.
83% of workers say finances contribute to their stress
47% say it’s a major or the biggest factor of stress
When employees improve their financial wellness, they’re better able to manage everyday expenses, reduce stress, save for retirement and pay off debt.
People who use financial wellness resources report positive outcomes.
77% say they’ve had a positive impact
69% say they’ve helped reduce the amount of stress they feel about finances
Less than half have taken advantage of financial wellness programs at work
Discover the impact student loans can have on employees.
The top reason people don’t use wellness programs? They prefer more personalized help. When asked what that means, employees’ answers fell into four categories:
In this survey, the term “retirement consultant” was used to represent personal help from a financial professional. This could be a financial adviser servicing the plan or someone working directly for the plan provider. Lincoln retirement consultants can offer support for participants and complement the services an adviser provides.
82% are interested in working with an RC (or already do)
Retirement consultants (RCs) continue to be a winning strategy for personalized education. Desire for one-on-one meetings is up since two years ago.
82%
92%
Participants contribute 92% more when they meet with a Lincoln RC.
Source: Lincoln Financial Group, plan data, 2Q 2023.
Giving participants personalized support may help them improve wellness and deal with stress, allowing them to increase engagement.
The Lincoln WellnessPATH® financial wellness tool offers personalized suggestions and helps participants take charge of wellness. The new WellnessPATH® Marketplace lets them easily act on those suggestions by providing total well-being solutions.
Participants benefit from Lincoln’s tech-enabled, people-connected approach. A personalized online experience plus personal support can be a powerful combination to drive engagement.
RCs have a measurable impact on contributions, via both in-person and virtual meetings.
Read the full report to explore the 2023 research and solutions.
Wellness@Work is a platform for research and viewpoints on central issues related to group benefits and retirement planning. The program seeks to identify forward-thinking ways to help financial professionals, employers and employees. As part of the program, Lincoln sponsors both proprietary and third party research, with an emphasis on what drives better benefit and retirement outcomes.
The 2023 Wellness@Work study is based on a national survey of 2,604 full-time workers who are eligible to contribute to an employer-sponsored retirement plan, including 2,104 participants and 500 non-participants. Greenwald & Associates, a third party market research firm, conducted the study on behalf of Lincoln Retirement Plan Services. Greenwald & Associates is not associated with Lincoln Financial Group. Online interviewing took place from February 16 to March 14, 2023. Data is weighted by demographics to mirror the total population.
The 2022 Wellness@Work study is based on a national survey of 2,503 full-time workers who have access to insurance benefits (at least one of the following: disability, life, dental, vision, critical illness, accident or hospital indemnity) through their employer. Greenwald Research, a third-party market research firm, conducted the study on behalf of Lincoln Financial Group. Greenwald Research is not associated with Lincoln Financial Group. Online interviewing took place from January 28, 2022 to March 1, 2022. Data is weighted by demographics to mirror the total population.
Rising financial concerns can’t be ignored because there’s a strong connection between stress and finances. Financial issues can cause stress, which can negatively affect how people manage their finances.
83% of workers say finances contribute to their stress
47% say it’s a major or the biggest factor of stress
When employees improve their financial wellness, they’re better able to manage everyday expenses, reduce stress, save for retirement and pay off debt.
People who use financial wellness resources report positive outcomes.
77% say they’ve had a positive impact
69% say they’ve helped reduce the amount of stress they feel about finances
Less than half have taken advantage of financial wellness programs at work
Discover the impact student loans can have on employees.
The top reason people don’t use wellness programs? They prefer more personalized help. When asked what that means, employees’ answers fell into four categories:
In this survey, the term “retirement consultant” was used to represent personal help from a financial professional. This could be a financial adviser servicing the plan or someone working directly for the plan provider. Lincoln retirement consultants can offer support for participants and complement the services an adviser provides.
82% are interested in working with an RC (or already do)
Retirement consultants (RCs) continue to be a winning strategy for personalized education. Desire for one-on-one meetings is up since two years ago.
82%
92%
Participants contribute 92% more when they meet with a Lincoln RC.
Source: Lincoln Financial Group, plan data, 2Q 2023.
Giving participants personalized support may help them improve wellness and deal with stress, allowing them to increase engagement.
The Lincoln WellnessPATH® financial wellness tool offers personalized suggestions and helps participants take charge of wellness. The new WellnessPATH® Marketplace lets them easily act on those suggestions by providing total well-being solutions.
Participants benefit from Lincoln’s tech-enabled, people-connected approach. A personalized online experience plus personal support can be a powerful combination to drive engagement.
RCs have a measurable impact on contributions, via both in-person and virtual meetings.
Read the full report to explore the 2023 research and solutions.
Wellness@Work is a platform for research and viewpoints on central issues related to group benefits and retirement planning. The program seeks to identify forward-thinking ways to help financial professionals, employers and employees. As part of the program, Lincoln sponsors both proprietary and third party research, with an emphasis on what drives better benefit and retirement outcomes.
The 2023 Wellness@Work study is based on a national survey of 2,604 full-time workers who are eligible to contribute to an employer-sponsored retirement plan, including 2,104 participants and 500 non-participants. Greenwald & Associates, a third party market research firm, conducted the study on behalf of Lincoln Retirement Plan Services. Greenwald & Associates is not associated with Lincoln Financial Group. Online interviewing took place from February 16 to March 14, 2023. Data is weighted by demographics to mirror the total population.
The 2022 Wellness@Work study is based on a national survey of 2,503 full-time workers who have access to insurance benefits (at least one of the following: disability, life, dental, vision, critical illness, accident or hospital indemnity) through their employer. Greenwald Research, a third-party market research firm, conducted the study on behalf of Lincoln Financial Group. Greenwald Research is not associated with Lincoln Financial Group. Online interviewing took place from January 28, 2022 to March 1, 2022. Data is weighted by demographics to mirror the total population.