Financial Health and Productivity
TrustPlus resources to support worker financial health
TrustPlus resources to support worker financial health
How to reduce debt, boost mental health among workers
Reduce debt among your workers, and your people and your organization will benefit. Financial stress including a high debt-income ratio puts physical and mental health at risk, says Oscar [...]
Debt reduction strategies for workers
Debt reduction eases financial stress, workers’ top stressor overall, and sets them on a path to financial security, boosting profits, impact, and wellness. Borrowing costs are expected to drop [...]
What your workers should know about Buy Now Pay Later
Buy Now Pay Later products are used most by financially insecure workers, which can lead to late payment fees, rising debt and employee financial stress. Here’s what your workers [...]
Student loans repayment “on-ramp” closes on September 30
Workers with federal student loans will then face dings to their credit scores for missed or incomplete payments, for the first time since March 2020, with significant implications for [...]
Understanding debt consolidation loans: A simple guide
Juggling multiple debts from different creditors can be overwhelming and hard to keep track of. If you find yourself in this situation, consider a debt consolidation loan. [...]
Boost benefits-spend ROI with personal financial coaching
HR leaders looking to boost benefits-spend ROI can solve for workers’ top stressor, personal finances, with a solution as flexible as financial challenges are diverse, amidst all-time high costs [...]
Reduce employee financial stress with TrustPlus
Employee financial stress spikes as debt rises. Credit card debt is at an all-time high according to the latest data from the Federal Reserve Bank of New York. TrustPlus [...]
Employers should prepare for changes to Earned Wage Access now
“If you are an HR leader who offers Earned Wage Access (or is considering offering EWA) and you aren’t operating under the assumption that your employees will need a [...]
Is your 401(k) employer match suppressing savings, equity?
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 [...]
Is credit card debt among your workers hurting your organization?
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 [...]
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, [...]
How to reduce debt, boost mental health among workers
Reduce debt among your workers, and your people and your organization will benefit. Financial stress including a high debt-income ratio puts physical and mental health at risk, says Oscar [...]
Debt reduction strategies for workers
Debt reduction eases financial stress, workers’ top stressor overall, and sets them on a path to financial security, boosting profits, impact, and wellness. Borrowing costs are expected to drop [...]
What your workers should know about Buy Now Pay Later
Buy Now Pay Later products are used most by financially insecure workers, which can lead to late payment fees, rising debt and employee financial stress. Here’s what your workers [...]
Student loans repayment “on-ramp” closes on September 30
Workers with federal student loans will then face dings to their credit scores for missed or incomplete payments, for the first time since March 2020, with significant implications for [...]
Understanding debt consolidation loans: A simple guide
Juggling multiple debts from different creditors can be overwhelming and hard to keep track of. If you find yourself in this situation, consider a debt consolidation loan. [...]
Boost benefits-spend ROI with personal financial coaching
HR leaders looking to boost benefits-spend ROI can solve for workers’ top stressor, personal finances, with a solution as flexible as financial challenges are diverse, amidst all-time high costs [...]
Reduce employee financial stress with TrustPlus
Employee financial stress spikes as debt rises. Credit card debt is at an all-time high according to the latest data from the Federal Reserve Bank of New York. TrustPlus [...]
Employers should prepare for changes to Earned Wage Access now
“If you are an HR leader who offers Earned Wage Access (or is considering offering EWA) and you aren’t operating under the assumption that your employees will need a [...]
Is your 401(k) employer match suppressing savings, equity?
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 [...]
Is credit card debt among your workers hurting your organization?
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 [...]
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. [...]
