Financial Strain in Your Healthcare Workforce: Are You Seeing the Signs?
Healthcare leaders are navigating one of the most complex workforce environments in recent history. Turnover, burnout, and staffing shortages are often the focus. But beneath these visible challenges, another issue affecting caregivers (and the hospital systems that employ them) often goes unrecognized: financial strain. Unlike other workforce challenges that are more easily measured and tracked, […]
5 Reasons Workplace Emergency Savings Accounts Won’t Improve Employee Financial Health
Realizing that traditional financial wellness benefits that rely on financial education, coaching, and planning are not moving the needle on employee financial health, many employers are considering different approaches. Workplace emergency savings accounts (ESAs) have gained traction over the past few years as a result. While having liquid savings is a critical component of financial […]
4 Ways Employers Can Reduce Healthcare Costs and Accelerate Equity
This article was originally published on May 2, 2023, and was updated in March 2026 to reflect updated facts and statistics. Employers continue to invest heavily in employee wellbeing programs to improve health outcomes and reduce healthcare costs. Yet many still struggle to see meaningful results. Why? Because they underestimate the powerful role financial stress […]
Case Study: How a Leading Hospital System Strengthened Workforce Stability
In healthcare, supporting caregivers through financial hardship reflects mission and values. Most hospital systems have thoughtful programs in place — from hardship funds to broader wellbeing initiatives — to respond when unexpected challenges arise. But as economic pressures increase, many leaders are recognizing that for many caregivers, financial strain is not limited to a single […]
Why the Next Big Win in Benefits Is Supporting Employees’ Everyday Money Problems
With nearly 80% of workers concerned with basic expenses such as groceries and childcare, regardless of income, more employers are prioritizing benefits that support employees’ everyday money problems. In fact, about half of employers plan to have a comprehensive financial program in place by next year. But designing this type of financial benefits strategy requires […]
The Workforce Health Crisis Hospital Systems Can’t Ignore
Healthcare leaders are facing an increasingly difficult workforce reality: rising turnover, persistent burnout, staffing instability, and growing concerns about care quality. These challenges are often framed as labor shortages or workload problems. But emerging research suggests a deeper, less visible driver — financial instability among frontline and direct care workers. Recent findings from Mercer and […]
Why Helping Employees Navigate Tax Season Matters
Tax season can provide a financial lifeline to lower-income employees who qualify for valuable tax credits that may lead to a tax refund – but the IRS reports that 1 in 5 miss out on thousands of dollars each year. Employers that think beyond traditional financial wellness approaches and provide comprehensive financial benefits that include […]
How Student Loan Policy Shifts Are Fueling Financial Stress in Your Workforce
The student loan landscape has shifted dramatically over the past several months. It has become a confusing maze for anyone to navigate alone, and the financial impact is widespread. Student loan changes can influence how borrowers manage basic living expenses, other types of debt, everyday money problems, and whether they can save for emergencies, participate […]
Millions of Workers Are Losing Health Coverage. Employers Can’t Ignore It.
As of January 1, 2026, enhanced federal subsidies that made Affordable Care Act (ACA) Marketplace plans more affordable for nearly 20 million Americans have expired, resulting in significantly higher premiums for many workers who rely on individual coverage. While the Senate is set to vote on a bill that could extend the subsidies, Newsweek reports […]
Why Rising Utility Costs Are a Red Flag for Employers
As winter nears, rising utility costs are pushing millions of working families to a financial breaking point. Past-due utility balances rose nearly 10% year over year, according to Politico Nearly 6 million households will soon have utility debt reported to collections Heating costs could rise by as much as 20% this winter, according to the National Energy […]