Employer-Sponsored Benefit Provides Employees with Affordable Credit and Financial Wellness Tools
The American Fintech Council (AFC), the largest industry association representing both responsible fintech companies and innovative banks, announced the addition of Kashable as its newest member. Kashable partners with employers to provide low-cost credit as an employee benefit, along with a suite of financial wellness tools.
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“The Great Resignation” has presented significant businesses challenges in an already challenging year. Yet what much of the news surrounding this trend has overlooked is that it has also presented a great opportunity: Rather than scrambling to find enticing, but temporary solutions to influence current and future employees, the Great Resignation gives employers the chance to adjust their perspective on the employee-employer relationship. This gives employers the potential to implement impactful, permanent solutions that will not be affected by future economic trends such as the Great Resignation.
A recent Prudential survey indicates that 1 in 4 workers plan to look for a new job in a different company as the pandemic subsides.
The truth of the matter is, almost all American adults have some form of debt. And unfortunately, a large percentage of them struggle to repay it on time.
Are my employees struggling to build rainy day fund?
What is a 401(k)?
We’re sure you already know what a 401(k) is, but just for good measure, we’ll sum it up:
We are in the midst of an American Savings Dilemma where 78% of employees are living paycheck-to-paycheck, with little to no emergency savings. When a financial shock inevitably occurs, where do people turn for emergency funds?
Lincolnshire, IL September 20, 2018
Charleston, S.C. – June 7, 2018
