The New Generation of Payday Loans
July 10, 2019
Around 12 million employees take out a payday loan each year. The average annual salary of these employees is $30,000. With these statistics in mind,
TrueConnect Insights
Tips, tricks and timely information in the financial wellness space.
7 Hidden Signs of Employee Stress in the Workplace
July 9, 2019
Stress arises naturally from time to time from normal events both at work and at home, but it isn’t always a negative thing. A low-level
How Does a 401(k) Loan Work, and is it the Best Option?
July 2, 2019
Offering your employees a 401(k) plan has numerous benefits to help them save for the future, including company-matched contributions and tax-deferred income. If your employees
5 Modern Strategies to Improve Employee Retention
June 18, 2019
With the unemployment rate at a record low, many workplaces are seeing increased employee turnover as talent leaves for a number of reasons. As an
How to Calculate Your Employee Turnover Rate
June 13, 2019
Currently, the unemployment rate is at a near 50-year low. It’s more important than ever for employers to recruit and retain employees, particularly when you
The Financial Struggles Unique to Millennials
June 12, 2019
The millennial generation includes anyone born between 1981 and 1999, and unfortunately, this generation has to deal with a number of financial struggles that no
Best Practices for Employers to Manage Health Care Costs
May 29, 2019
According to a 2017 Health and Workplace Benefits Survey which involved 1,518 U.S. workers between the ages of 21 and 64, 83% of employees said
Why the C-Suite Should be Talking About Benefits Plans
May 22, 2019
Without your employees, you wouldn’t have a viable business. They enable your business to function, and they enable it to grow, so how you treat
Strategies to Address Mental Health in the Workplace
May 17, 2019
At least 44 million American adults suffer from a mental health disorder; many more have not been diagnosed. A startling 9 million of those diagnosed
Should Financial Wellness be a Core Component of an Employee Assistance Program?
September 1, 2020
When determining the components of an Employee Assistance Program, it’s important to look at what exactly this program can encompass. As defined, “An Employee Assistance
Credit Risk: What Is It and Do Employees Have It?
September 8, 2020
Put simply, credit risk is the risk a lender takes when they loan money to a borrower. Makes sense. You wouldn’t let someone you don’t
Predatory Lending: Where Employees Turn When They Have High Debt and No Savings
September 15, 2020
Every year, roughly 12 million Americans take payday loans out, which is the worst predatory lending practice. This type of loan is typically for a
3 Tips for Brokers to Help Their Clients Achieve Success During Open Enrollment
September 22, 2020
For brokers, ensuring the satisfaction of your clients is imperative to success, especially during open enrollment. Employers rely on your expertise to guide
The Most Popular Free Employee Benefits of 2020
September 29, 2020
Guest post by Anastasia Iliou, Marketing Manager at Rain. As we reach the end of this life-altering year, everyone is paying extra close attention
3 Reasons You Should Offer Your Employees an Online No Credit Check Loan Program
October 6, 2020
Financial stress is known for having a negative impact on employee productivity, engagement, and mental health. In fact, 86% of employers themselves characterized financial wellness
Has Your Household Income Been Cut in Half?
October 13, 2020
There are no shortages of articles, surveys, and blogs that are talking about the desperate impact of the COVID-19 recession on family budgets. One aspect
How to Manage Money Stress
October 20, 2020
Stress. We all have it. In fact, it’s a normal part of life. But, if stress isn’t properly managed, it can be incredibly detrimental
How Holiday Consumer Spending Will Be Impacted This Year
October 27, 2020
The holiday season is a time to take a break. But it’s often overlooked that personal commitments, travel plans, and extra pressure to wrap