FinFit has debuted an employee savings account program that allows employers to make a contribution toward their savings of up to 100%, giving employers a greater opportunity to be instrumental in their employees’ financial well-being.
“Over half of employees can’t meet a $1,000 to $2,000 expense that is outside their ordinary budget,” says David Kilby, CEO of FinFit. “Fifty percent of employees have absolutely no savings. There’s a secondary pandemic, and it’s a financial one.”
