Exceptional customer service is the hallmark of success in the hospitality industry. Behind every memorable guest experience stands a team of dedicated employees whose personal well-being directly impacts their professional performance. One of the less visible but critical aspects of employee well-being is financial health. Financial worries can distract and disengage even the most committed […]
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5 Big Takeaways from Workplace Emergency Savings in 2023
Happy New Year! Hope your holidays were filled with joy. My wife and I enjoyed our first Christmas with our 2-month-old daughter, who has recently begun smiling with the cutest dimple. Nothing quite like those rewards – and as you know at Sunny Day Fund, we love rewards! In this post and letter, we will […]
Building the Benefit Matrix of Financial Wellness in the Workplace
In the ever-evolving landscape of employee well-being, the intersection of financial health and workplace dynamics has taken center stage. Matt Bahl from the Financial Health Network, Rachel Schneider representing Canary, and Ernesto Boada of the Sunny Day Fund share their collective wisdom to sheds light on the critical importance of addressing financial well-being within the […]
How to Become an Agent of Positive Change: ASPPA 2023 Insights
Attending the annual conference for ASPPA (American Society of Pension Professionals and Actuaries) gave us a peek into the world of administering retirement plans and the challenges faced by both participants and professionals in the field. One of the key takeaways from the conference was the surprising prevalence of legacy practices among Third-Party Administrators (TPAs) […]
Debt and Savings: Focus Areas for Employee Financial Wellness in 2024
Earlier this Fall, we had the chance to discuss consumer debt with Andy Manthei from the Business Development team at GreenPath Financial Wellness, and Kevin Bove, a Senior Financial Advisor at HB Retirement. Andy and Kevin offered insights into current debt trends, especially in this unprecedented environment of rising interest rates and the return of […]
What We Learned from BlackRock’s Emergency Savings Research
Emergency savings remain one the strongest predictors of financial well-being. However, many Americans face challenges in actively building an emergency fund or saving at all. The resulting poor financial well-being also impacts mental and physical health. In the recently released Financial Health Pulse 2023 U.S. Trends Report, 40% of those who reported fair or poor […]