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In the past several years, employers have begun thinking about their employees’ financial health in more deliberate and strategic ways. Financial health initiatives have become more common in the workplace and employees increasingly expect this type of support from their employers. But how do employers know if the solutions they offer are addressing their employees’ needs? How aware are human resources (HR) executives and decision-makers of the specific pain points their employees face in their financial lives? And when faced with an uncertain economic future, how can employers make more targeted, high-impact benefits decisions?
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