Enhanced Investments - Financial Portal

Morgan Stanley at Work Unveils Inaugural State of the Workplace Financial Benefits Study

Published: 2021-11-18 15:00:00 ET

The pandemic led many employees to focus more attention on workplace financial benefits
Nearly all HR executives are placing priority on re-evaluating workplace financial benefits for 2022

NEW YORK--(BUSINESS WIRE)-- Morgan Stanley at Work announced today the findings of its inaugural State of the Workplace Financial Benefits Study exploring the attitudes and mindsets of employees and employers concerning workplace financial benefits.

Amid the “Great Resignation,” where employees are leaving their jobs in record numbers, the study reveals the power that holistic financial benefits, including wellness, can have in recruiting and retaining top talent:

Employees and employers agree companies could do more. More than four in five employees and nine in 10 employers believe their companies should be more involved in helping employees understand how to maximize financial benefits amid the pandemic.
Employees link financial benefits to retention. More than nine in 10 employees (91%) say they’d feel more invested in staying with their employer if offered financial benefits that met their needs.
Employees believe these financial benefits should be a priority—and employers plan to make it happen. In fact, 90% of employees say their company should prioritize re-evaluating its financial benefits package in 2022. Meanwhile, 95% of HR executives say their company’s re-evaluation of their financial benefit package for 2022 is a priority.
Employers see that there is more work to do. HR executives feel there is room for improvement to stay competitive, with 79% citing that lack of financial benefits will result in attrition.
Employees are paying more attention to their financial benefits. In fact, 61% of employees are now paying more attention to the financial benefits offered compared to a year ago. This is particularly true among Millennials, where 69% are more focused on reviewing these benefits.

“The pandemic-fueled uncertainty has led many employers to focus more attention on how to deliver financial benefits that meet their employees’ needs,” said Brian McDonald, Head of Morgan Stanley at Work. “Employees are now looking for employers to offer a full spectrum of financial benefits tools, and guidance to help them along the right path financially. As a result, those companies that offer a robust benefits package that includes retirement planning, equity compensation, student loan refinancing plans, and overall financial wellness benefits will differentiate themselves in the face of unprecedented competition for great talent.”

Additional findings are available in Morgan Stanley at Work’s State of the Workplace Study.

Methodology: The data from the Morgan Stanley at Work State of the Workplace Financial Benefits Study comes from a survey of 1,000 U.S. employed adults and 600 HR executives. Quotas were set for both audiences to match representative distributions, including for company size, benefits status and seniority. The survey was conducted on behalf of Morgan at Stanley at Work using an email invitation and an online survey between September 21st and September 28th, 2021 by Wakefield Research (www.wakefieldresearch.com).

About Morgan Stanley at Work

Morgan Stanley at Work offers a suite of financial solutions, which spans Equity Compensation through Shareworks and E*TRADE Equity Edge Online, Retirement and Financial Wellness Solutions. Morgan Stanley at Work combines cutting-edge planning and Morgan Stanley intellectual capital and financial education delivered through multiple channels to enable employees to build a holistic plan to achieve their financial goals. Employee stock plan solutions, including Equity Edge Online, are part of the Morgan Stanley at Work solutions and are offered by E*TRADE Financial Corporate Services, Inc.Morgan Stanley at Work currently has offices in the U.S., Canada, Europe and Asia Pacific.

Wakefield Research is neither an employee of, nor affiliated with, Morgan Stanley Smith Barney LLC (“Morgan Stanley”).

About Morgan Stanley Wealth Management

Morgan Stanley Wealth Management, a global leader, provides access to a wide range of products and services to individuals, businesses and institutions, including brokerage and -investment advisory services, financial and wealth planning, cash management and lending products and services, annuities and insurance, retirement and trust services.

About Morgan Stanley

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For more information about Morgan Stanley, please visit www.morganstanley.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211118005308/en/

Media Relations Contacts: Katrina Clay, Katrina.clay@morganstanley.com Lindsey Madnick, Lindsey.madnick@morganstanley.com

Source: Morgan Stanley

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.