The pandemic has taught employers and employees a lesson in preparedness. If there is one key takeaway, it’s that employees need to have both short-term and long-term savings — and they need their employers’ help to achieve both.
Emergency savings benefits are a critical weapon in combating employee stress, lack of productivity and distractions at work, which will ultimately help lower costs for employers. However, as helpful and important as these benefits are, many employees don’t utilize them because they require too much legwork on their end.
