Emergency savings are critical for employee financial stability, and the demand for employer-assisted savings accounts is on the rise. Understanding the benefits of emergency funds can aid in withstanding unexpected expenses, and initiatives like employer contributions to savings accounts can significantly boost an employee’s safety net. This article explores the profound impact of emergency savings […]
financial security
The Impact of Employee Financial Wellness on Workplace Productivity in Hospitality
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 […]
How behavioral science enables better savings habits
Though many American workers want to save, they’re finding it hard to follow through and it’s impacting their financial well-being. Employers want to help because they understand how financial stress is impacting their business outcomes and how emergency savings can help. Employers and employees alike are looking for innovative solutions that meet long-term goals like […]
Reflecting on Dr. Martin Luther King Jr.’s Dream of Economic Opportunity and Equality for All
Reflecting on Rev. Dr. Martin Luther King Jr. is a formidable task, and this blog is not intended to capture his undeniable greatness. But as I entered this long weekend reading the alarming news of surging COVID and rising inflation, and thinking about how and who that impacts, I realized that it also may be […]
How much is Workforce Financial Stress Costing Your Organization?
Financial stress levels for the American worker are at an all-time high. As employees struggle with issues like increased expenses and low income, their health, productivity, and overall well-being suffer severely — and impact their engagement at work. These high financial stress levels also come with a steep price tag for companies. According to research […]
Check out “Saving for Now, Later, and a Lifetime: A Summit on the Foundational Role of Liquid Savings”
Aspen Institute’s Financial Security Program hosted an insightful summit on June 16, 2021. Alongside Fiona Greig of JPMorgan Chase Institute, Jo Phillips of Nest Insight, and Katherine Lucas McKay of Aspen FSP, I participated as a panelist in the summit highlighting how policy, partners like employers, and product can unlock tremendous value for all. Below […]
