Tag: financial stress

Help Your Employees Weather Financial Shock With a Savings Plan

Employer-sponsored short-term savings plans aren’t yet a standard work benefit in the way that health insurance and 401(k) accounts are. But it may be time for that to change, given today’s combination of historically low unemployment rates and high financial insecurity.

Financial Stress Doesn’t Go Away During Business Hours

Imagine you have only a few hundred dollars in your savings account and your furnace breaks over the weekend…and it’s freezing outside. You call your local HVAC company, and they say weekend emergency house calls are an extra $150, which doesn’t even go toward the cost to fix the furnace.

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