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The State of Employee Savings in 2018. Hint: It’s Not Great

But there’s always hope! You just need to know where to look for it… Traverse the tangled web of financial articles on the internet and you’ll find many lamenting the lack of money Americans have saved for retirement or emergencies. Let’s talk figures: according to a GoBankingRates survey published by Money, 1 in 3 Americans has nothing put […]

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Small-dollar loan programs can be a big benefit

How small-dollar loan programs can be a big benefit for employees (and their employers) Financial counseling is one of the many services provided by Minnesota’s largest nonprofit, Lutheran Social Service (LSS), so the organization’s own human resources (HR) staff members are always on the lookout for ways to support their own employees’ financial capacity. When

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3 Steps That Get Your Employees Out of Debt & Benefit Your Business

Any financial stress your employees feel has a direct impact on your company’s wellbeing. According to a recent study by consulting firm, Mercer, worries about financial security take up an average 13 hours each month of employees’ time—when they could be focusing on the job. The estimated loss to US businesses in attendance and productivity

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