Financial Wellness Programs In India

Through careful analysis of the latest trends strategies in financial wellness we are able to put together provocative resources.

Financial wellness programs in india.

Managing disruptions to people and productivity from the coronavirus. Mint india wire ficci ey insurance wellness the indian wellness industry was estimated at close to rs85 000 crore in financial year 2014 15 and is expected to grow at a compounded annual growth. Their experience in the industry and resources saved us alot of time and eliminated any confusion during the selection process. Through its acquisition of sum180 in 2019 it now combines early wage access with an engaging mobile financial well being decision support tool that starts where people are engages through gamified personalization and delivers actionable next steps and solutions.

Personalized financial counseling is growing faster than online solutions according to optimizing financial wellness for a diverse workforce the latest study from financial finesse a. It added that such programs would also help in managing chronic and lifestyle diseases of corporate employees. Shortlister was very instrumental in helping us to identify a wellness platform that fit our unique company culture. An assocham study that came out a few days back says that corporate wellness programs if implemented effectively can save india inc.

In the absence of a comprehensive approach to improving employees financial well being organizations often cobble together financial wellness programs by offering solutions for a specific. Our financial wellness programs are impartial and unbiased. Flexwage the leading provider of financial wellness solutions created and patented early wage access ondemand pay in 2010. While organizations are investing heavily in this area our research reveals there is often a significant gap between what companies.

As the line between work and life blurs providing a robust suite of well being programs focused on physical mental financial and spiritual health is becoming a corporate responsibility and a strategy to drive employee productivity engagement and retention. Here at enrich we strive to educate people on the latest news in retirement healthcare and personal finance. Nearly 20 billion by the end of 2018 as a result of bringing down the rate of absenteeism by just 1. We often get requests from insurance providers financial distributors and fintech startups inquiring if we could promote their offerings.

The program s only source of revenue is the program itself.