Designing for Inclusion

Benefits that BeneFIT

Financial wellness programs have historically been created based on the goals, needs, and aspirations of the cultural majority, but what happens as the cultural majority changes? In order to build trust and engage authentically with increasingly diverse workforces, we must track evolving financial priorities and reimagine traditional approaches to financial wellness.

In Episode 2 of the Benefits that BeneFIT podcast, Nancy Kwan, Head of Financial Wellness, joins Katie Riley, Director of Thought Leadership, and Sarah Raposo, Director of Behavioral Research at Fidelity Investments. They discussed cross-cultural research on key inclusive drivers of financial wellness. They also talked about what employers and financial firms can do to support employees’ financial wellness and continue efforts to reduce disparities in well-being.

Listen to learn:

• How financial wellness ties into employee retention
• How culture, identity, and experience influence financial decisions
• Why good financial education alone doesn’t always improve financial wellness
• The 12 key drivers of financial wellness
• Why a combination of education and confidence is key
• How to forge a more inclusive benefits package that sets you apart
• Employee benefits and their impact on trust and retention
• What employers can do to support their employees
• What benefits are most valued across different demographics

Visit our website to learn more about how you can transform your benefits strategy to meet your employees’ evolving needs.

Disclaimer:

Information provided in the podcast is general in nature, is provided for informational purposes only, and should not be construed as investment or tax advice. Views and opinions of the individuals noted are expressed as of the date of the recording, and do not necessarily represent the views of Fidelity Investments. Any such views are subject to change at any time based on market or other conditions. Fidelity Investments disclaims any liability for any direct or incidental loss incurred by applying any of the information in this podcast. Consult your tax or financial advisor for information concerning your specific situation. This podcast is intended for U.S. persons only and is not a solicitation for any Fidelity product or service. This podcast is provided for your personal noncommercial use and is the copyrighted work of FMR LLC. You may not reproduce this podcast, in whole or in part, in any form without the permission of FMR LLC. The trademarks and service marks appearing herein are the property of their respective owners.

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