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Employer Provided Financial Planners Gaining Popularity

One Work Perk That Has Your Future in Mind


Employer-provided napping pods are great and all, but there's one new work perk gaining popularity that would help employees more than providing a place to rest. A handful of large employers including IBM and Pepsi have arranged for their employees to have access to one-on-one counseling sessions with financial planners. Some mid and small size firms are following suit: Even though the benefit is costly for employers, they believe it will help keep their workforces happy by reducing a big stress in their lives.

IBM's Money Smart program is a built-in benefit, meaning employees have free access to monthly sessions with financial planners that focus on planning for retirement and rebalancing retirement portfolios. The personalized service is extended to employees' spouses, too. This type of customized financial education would certainly beat the traditional here's-your-brochure-and-go type of introduction to employer provided retirement plans. Would you benefit from the guidance of a financial planner?

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