7 Signs Your Employees Are Financially Unhealthy
If you’re like 68% of benefits leaders recently surveyed by Mercer, you plan to support employees’ financial wellbeing in 2025. But to see a positive impact on employees’ financial lives and organizational ROI from the benefit, it’s critical that you first understand the financial challenges and barriers they need help overcoming. More than 70% of […]
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 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 […]
Do You Need a Frontline Financial Health Strategy?
Do you need a frontline financial health strategy? That was the topic of our thought-provoking webinar held with our panel of experts from Amazon, Financial Health Network, Mercer, and Brightside. Here are nine key takeaways they discussed that every employer with a frontline workforce needs to know. Click here to watch the full on-demand webinar. […]
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
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 […]
