Smart financial wellness programs include credit improvement
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 [...]
Financial wellness benefits should account for collections debt
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. [...]
Is your financial wellness program climate resilient?
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 [...]
Reduce employee financial stress this summer
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, [...]
June 30 is deadline to apply to consolidate student loans
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, embrace home buying education
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 [...]
Can financial wellness benefits reduce rising debt among workers
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. [...]
How smart employers think about financial wellness benefits
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. [...]
How to reduce workers’ medical debt, boost financial health
New research from Neighborhood Trust informs five recommendations for employers to boost ROI on health benefits spending Employers are uniquely positioned to help reduce workers’ medical [...]
Ease employee financial stress this spring
Spring offers HR for small businesses low-cost opportunities to engage employees around financial health Ease employee financial stress and good things happen: a maxim worth [...]