Your 401(k) employer match is exacerbating income inequality, suggests research from Vanguard and from economists at MIT, Harvard, Yale, and the Census Bureau. What’s a smart employer committed to [...]
Rising credit card debt, like rising usage of Earned Wage Access apps, is a symptom of a larger problem: worker cash-flow gaps in what the Aspen Institute calls the [...]
Credit improvement is a key pillar of how smart employers think about financial health. Prime credit scores save workers money on interest payments and fees, enable them to qualify [...]
Millions of workers have debt in collections, mostly from medical debt (still), which can drag on worker health, productivity, and credit, and your organization, for years. [...]
Effective financial wellness programs account for spiking energy costs and your workers’ diminishing ability to afford to stay cool this summer. It’s a matter of life and death for [...]
Savvy employers understand that millions of workers will turn to high-cost debt to fuel summer vacations, and that reducing employee financial stress is good for your employees, organizational impact, [...]
To be eligible for a one-time federal initiative that could wipe out their debt from student loans, 3.5 million workers with privately-held Federal Family Education Loans (FFEL), Perkins Loans, [...]
Employers benefit when workers understand the pros and cons of new products coming on the market in response to high home prices and borrowing costs, like the return of [...]
The percentage of credit card balances in serious delinquency climbed to its highest level since 2012 according to the latest data from the Federal Reserve Bank of New York. [...]
You’re after financial capability and action born of knowledge, not knowledge alone. Smart employers understand that a do-it-yourself employee financial literacy program, alone, is a waste of scarce resources. [...]
