Brightside Ranks Among Highest-Scoring Businesses on Inc.’s Annual List of Best Workplaces for 2024
Brightside, the first Financial Care solution for employers, has been named to Inc.’s annual Best Workplaces list for the second consecutive year. Prominently featured on Inc.com, the list is the result of a comprehensive measurement of American companies that have excelled in creating exceptional workplaces and company cultures, whether operating in a physical or a […]
Beyond Financial Wellness: Financial Care for Frontline Workers
If you’re using financial wellness benefits to support your frontline workers, are you seeing any improvements in their financial situations? Most employers don’t – but it’s not their fault. These benefits aren’t designed to address this financially vulnerable group’s financial struggles, let alone improve their financial health. Brightside CEO and Co-founder Tom Spann and Amazon […]
How Brightside Helps Employees Find Money
More than 70% of employees live paycheck to paycheck, and two-thirds say they need their next paycheck just to keep up with monthly bills. As part of our mission to improve the financial health of working families, we provide employees with personalized support and real solutions to triage urgent financial needs, address everyday money problems, […]
How Amazon Supports Frontline Employees’ Financial Health
When Amazon’s team asked employees about their perceived value of a range of different potential benefits, it learned that its frontline employees wanted financial benefits that could help with basic financial needs such as groceries, medications, and electrical bills. “Those financial benefits just kept coming to the top of our employee want list,” said Justin Roberts, Amazon’s […]
Want to Support Employee Mental Health? Address Their Top Source of Stress
Employers invest billions of dollars on behavioral tools meant to support employee mental health, but behavioral health needs still drive 41% of all healthcare spend. Why? Finances – employees’ biggest source of stress – aren’t being addressed. Frontline employees, who are more financially vulnerable than the broader workforce, suffer even more intensely. They have day-to […]
How Brightside Provides Hope and Financial Help
Brightside provides personalized financial support and solutions for all employees. Yet, because frontline workers comprise 70% of America’s workforce – and just 13% are financially healthy – our unique Financial Care model is particularly critical for frontline employees’ complex and nuanced needs, which other employee financial benefits aren’t built to serve. Keep reading to learn […]
How Poor Frontline Financial Health Drives Higher Employer Healthcare Costs
More than half of Americans have delayed or skipped a medical procedure because of cost. Of those, 46% said that choice led to additional medical issues. Poor financial health makes people sick – and keeps them trapped in a cycle of illness. This isn’t just a problem for employees; it drives healthcare costs up for […]
5 Facts Employers Should Know About Frontline Employees
1. Frontline workers are struggling financially Financial Health Network’s data indicates that 30% of Americans overall are considered financially healthy based on eight different financial health measures; the figure dips to 13% when looking specifically at frontline employees. While 25% of frontline workers are considered financially vulnerable, that’s true of just 17% of the broader […]
10 Reasons Why Typical Financial Wellness Strategies Don’t Work for Frontline Employees
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 […]
Straight from Brightside Customers: Why Fortune 500 Employers Offer Brightside Financial Care
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 […]
