Employee Financial Wellness in 2025: What Employers Can Do

✍️ By Bank of America Institute | 📅 2025-08-01

Employee Financial Wellness in 2025: What Employers Can Do

Current Landscape

Bank of America Institute reports 66% of U.S. employees are financially stressed, and 76% feel their wages have not kept up with living expenses. Meanwhile, 26% say they now seek help with savings, debt, or wellness planning ([Bank of America Institute](https://workplaceinsights.bofa.com/articles/2025/08/wellness.html)).

  • Widespread worker financial stress
  • Growing desire for tailored support
  • Employers play a key role

Opportunity for Employers

Wellness programs benefit both employees and organizations through improved morale, retention, and productivity. Still, only 54% of large and 32% of small employers offer such support, revealing a critical gap.

  • Wellness benefits deliver ROI
  • Support gap in smaller firms
  • Holistic tools matter

Conclusion & Actionable Advice

Employers should invest in comprehensive wellness resources—automated savings tools, debt education, and employer-employee communication. Employees should use these tools proactively to reduce stress and increase stability.

Collaboration between parties is key to building a financially healthy workplace.

  • Normalize using financial tools
  • Encourage high engagement in wellness programs
  • Measure success through feedback