How is Brightside Financial Care Different from Financial Education?

Finances are the leading cause of employee stress, and it costs both employees and employers. While financial illiteracy can contribute to financial stress, it isn’t the only issue at play – and it’s not the root cause.  In fact, research shows that one-size-fits-all financial education only correlates to a 0.1% in behavior change.  To improve […]

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 […]

How employers can keep employees safe from predatory financial practices

Prior to the COVID-19 crisis, 30% of Americans reported that they had more debt than was manageable. The economic impact of COVID-19 has led Americans to seek credit at increasing rates, with 43% of U.S. Adults reporting that they, or someone in their household has lost a job or taken a pay cut due to […]

Introducing Financial Care

The year 2019 was another in a string of good years for the American economy, with low unemployment and increasing incomes across most income brackets for the third straight year. Yet looking at the data from that year, only 29% of families were financially healthy, up from 27% in 2018. And unfortunately for most families […]