Momentum Corporate has launched its “Employee Benefits Explained” website, to help employees understand their employee benefits (EB) better. This is backed by Momentum Corporate’s Digital Benefits Statement research which found a 19% decrease in financial term familiarity between 2018 and 2021, indicating a dire need to boost financial literacy. The website now has some of the EB terms with which consumers most frequently struggle. Momentum said it will continue to develop the site by including more terms, informative multimedia content and interactive functionality.
