10 Reasons Why Typical Financial Wellness Strategies Don’t Work for Frontline Employees

Two frontline employees working in a fulfillment center

Frontline workers have different needs and barriers to achieving financial health and resilience. These are also the employees driving the most organizational cost in terms of turnover, healthcare utilization, missed work, and more.  When you offer a solution specifically designed to improve frontline financial health, your employees’ financial lives improve, and you’ll see it reflected […]

Why Financial Care is Critical to 401(k) Success

Shot of a young woman using a laptop to her employee benefit Brightside Financial Care

In 2022, Americans’ financial health declined for the first time in five years. Today, seven out of 10 Americans are living paycheck to paycheck. Nearly half of Americans who earn $100,000+ a year live paycheck to paycheck, too. Their financial challenges aren’t due to a lack of employer concern for their financial wellbeing. (In fact, 97% […]

Straight from Brightside Customers: Why Fortune 500 Employers Offer Brightside Financial Care

A panel of Brightside's Fortune 500 customers discuss why they offer Financial Care as an employee financial benefit

With 70% of employees living paycheck to paycheck, it’s critical that employers find a way to effectively address and alleviate their financial stress. It has downstream impacts on every other aspect of an employee’s life, including health, happiness, workplace productivity, and job burnout. Financial health is even the biggest determinant of life expectancy.   Many employers […]

Don’t Be Fooled by How the Pandemic Paradox Masked Financial Health Problems

The COVID-19 pandemic caused widespread global economic chaos, complete with runs on toilet paper and headlines like “2020 Was the Worst Year for Economic Growth Since World War II.” Despite the dire circumstances, many households (on average) were doing better by a variety of financial measures.  But benefits leaders need to be careful not to […]