Workplace financial wellness for stock plans.
We believe the path to financial wellness starts at work.
Equity compensation can give you an edge in retaining talent while giving your employees a powerful financial tool—but only if they know how to use it. To get the most out of the benefits you offer, employees need to understand how equity compensation fits into their broader financial lives.
While many financial wellness programs offer only education, we believe in an action-oriented approach. One that helps each employee—from financial novice to savvy investor—build a plan and take their next step toward financial ownership.
Our four pillars of financial wellness.
We combine people and technology to provide guidance that can help employees move forward. Schwab's financial wellness offerings are built into our stock plan services and into add-on services offered as you need them—at no additional cost to you.
Our personalized, data-driven approach includes:
Online calculators, assessment tools, and worksheets to help employees establish their goals, determine their risk tolerance, and identify their investment horizon.
Personalized guidance from CERTIFIED FINANCIAL PLANNER™ professionals for broad financial planning1 and investing support, as well as help creating an equity awards strategy, managing risk, and addressing general tax implications (available through our Equity Award Consultation Team2).
Targeted, on-demand articles, tutorial videos, tools, workshops, and webinars to help employees navigate vesting events and understand when and how to exercise their options.
Access to Schwab's spectrum of advised investing solutions, ranging from personalized, high-touch financial planning services to high-tech automated investing.3
- White paper: Bringing Financial Wellness to Work
Why action-oriented employee support matters.
- Article: Taking a 'Calculated' Approach to Retirement Readiness
Nathan Voris, managing director of business strategy at Schwab Retirement Services, Inc., discusses how retirement calculators can be a useful resource for employees.
- Article: Participants Have The Right Mindset, But "We Still Have Work To Do"
PLANSADVISER spoke with Nathan Voris, managing director of business strategy at Schwab Retirement Plan Services, to assess participant expectations and evolving plan design.
- Article: Caught in the middle: Generation X needs to focus on retirement, but isn't
It can seem impossible to get ahead in the present, let alone to save for the future.
- Video: Catherine Golladay: Helping participants move from engagement to action
Catherine Golladay, president at Schwab Retirement Plan Services, believes that plan sponsors and recordkeepers can do more for participants.
- Research: 401(k) Participant Survey
New research from Schwab Retirement Plan Services finds that many 401(k) participants are not investing enough.
- Video: What Is Financial Wellness?
The answer varies. Most people want help managing their finances regardless of whether they're low- or high-wage earners or have simple or complex financial situations.
- Article: Strategies With Impact: Successful Approaches to Financial Engagement
An ever-present challenge for today's corporations is getting employees to engage with benefits programs.
- Article: For the Benefit of All: Tackling Financial Stress in the Workplace
Financial stress at work is having an impact on business and employees. We explore how companies are fighting back with financial wellness programs that make a real difference.
- Article: Financial Wellness: An Alternative Workplace Benefit
When asked what they'd most like to have in a financial wellness program, employees were most interested in simple, intuitive solutions to help them invest and save better.
- Article: Financial Wellness: What Execs Need to Know
Understanding financial wellness can be a key differentiator for organizations looking to improve employee productivity, loyalty, and overall engagement.
Talk with us to learn more and discuss your options.