Financial stress is nearly universal among American workers, and with increasing financial pressures paralyzing employees’ saving power, employers need to rethink their offerings to provide emergency relief.
According to data from SecureSave, an emergency savings account benefit platform, 97% of employees are experiencing financial strain, and 71% are reporting moderate to extreme levels of stress. This mounting pressure is taking a toll on the workplace, contributing to higher absenteeism and increased stress around financial pressures, from student loan repayment to retirement readiness.
