Author: 2018Marketing@finfit.com

The Power of Diversity, Equity, and Inclusion and How it Impacts Financial Well-being

Written by 2018Marketing@finfit.com on June 15, 2023. Posted in Blog.

The Power of Diversity, Equity, and Inclusion and How it Impacts Financial Well-being In today’s economic landscape, working Americans face an alarming financial crisis. While this crisis affects individuals from all walks of life, it disproportionately impacts individuals in specific DEI groups including BIPOC, women, as well as those of disability and LGBTQIA+ status. With these DEI groups facing specific financial challenges, there is a call to employers to create a path toward lasting...

Employee Ownership for Financial Health

Written by 2018Marketing@finfit.com on June 7, 2023. Posted in SECURE Podcast.

Employee Ownership for Financial Health Subscribe to the SECURE Podcast on Apple, Google or Spotify. Stocks are one of the most commonly used investment options, with 58 percent of Americans reporting they owned some form of stocks in 2022, according to Gallup. But what about owning stock in the company you work for, or employee stock ownership plans (ESOPs)? There are just under 14 million participants in the U.S., which amounts to around 4 percent of the U.S. population....

Determinants for Health and Purpose

Written by 2018Marketing@finfit.com on May 31, 2023. Posted in SECURE Podcast.

Determinants for Health and Purpose Subscribe to the SECURE Podcast on Apple, Google or Spotify. As our understanding of human behavior and motivation deepens, businesses are starting to realize the importance of providing holistic support to their employees. Mental health is becoming a major point of conversation in our society with a number of events and individuals bringing it to the forefront. The recent pandemic and subsequent inflation, the focus on mental health by...

Employees are Losing More than Sleep over their Personal Finances

Written by 2018Marketing@finfit.com on May 26, 2023. Posted in Blog.

Employees are Losing More than Sleep over their Personal Finances May is Mental Health Awareness Month, a time to foster understanding and support for mental health issues. While mental health is influenced by various factors, one area that often is overlooked is the impact of personal finances. According to a recent Bankrate survey, more than half of Americans believe finances have had a negative effect on their mental health, up significantly from 42% last year. With inflation reaching...

Unpacking Wellbeing in the Workplace

Written by 2018Marketing@finfit.com on May 19, 2023. Posted in SECURE Podcast.

Unpacking Wellbeing in the Workplace Subscribe to the SECURE podcast on Apple, Google or Spotify. Wellbeing is a vague term that is thrown out often, but why is it important? The CDC states that greater wellbeing levels are associated with “decreased risk of disease, illness, and injury; better immune functioning; speedier recovery; and increased longevity” and that greater wellbeing levels are associated with improved work productivity. So, given the inherent perks high wellbeing...

Annual Report Illustrates the Financial Crisis of the Working American

Written by 2018Marketing@finfit.com on May 12, 2023. Posted in Blog.

Annual Report Illustrates the Financial Crisis of the Working American Many working Americans are at a crisis point when it comes to their personal finances. With inflation reaching historic highs throughout 2022, the rising costs of everyday expenses has made it difficult, if not impossible, for workers to build their savings and avoid going into high-cost debt. Workers continue to face the high cost of necessities including food, up 7.7% over last year and shelter, up 8.1% over last year....

Employee Financial Wellness: Getting C-Suite Buy In and Measuring for Success

Written by 2018Marketing@finfit.com on May 1, 2023. Posted in SECURE Podcast.

Employee Financial Wellness: Getting C-Suite Buy In and Measuring for Success Subscribe to the SECURE Podcast on Apple, Google or Spotify. It is without question: Building a financially resilient workforce is good for employees and equally impactful to the bottom line of corporations large and small. But economic factors like rising inflation are putting pressure on wages and therefore, employee finances. Companies that can’t afford to give employees a 10-20% increase in pay are...

Survey Finds About Half of American Workers are Suffering from Financial Stress

Written by 2018Marketing@finfit.com on May 1, 2023. Posted in Press Releases.

Survey Finds About Half of American Workers are Suffering from Financial Stress Written by FinFit on May 1, 2023. Posted in Press Releases. BOSTON, Ma., May 1, 2023 /PRNewswire/ — With inflation and escalating healthcare costs continuing to plague American workers, financial stress is on the rise and now impacting about half of employees, according to a survey by FinFit with Salary Finance. Inside the Wallets of Working Americans, the Fifth Annual Report found that financial stress does...

FinFit releases a new podcast episode on Women’s Financial Stability

Written by 2018Marketing@finfit.com on April 28, 2023. Posted in Press Releases.

FinFit releases a new podcast episode on Women’s Financial Stability Written by FinFit on April 27, 2023. Posted in Press Releases. VIRGINIA BEACH, Va., April 27, 2023 /PRNewswire/ — Only 57% of adults in the U.S. are financially literate, according to S&P’s Global FinLit Survey in 2016. And, while efforts across the country are aiming to improve this percentage with financial literacy courses becoming a required part of the high school curriculum, financial literacy, and...

Women and Financial Stability

Written by 2018Marketing@finfit.com on April 12, 2023. Posted in SECURE Podcast.

Women and Financial Stability Written by Marissa Martin Subscribe to the SECURE Podcast on Apple, Google or Spotify. 57% of adults in the U.S. are financially literate, according to S&P’s Global FinLit Survey in 2016. Efforts in multiple states in the U.S. are aiming to improve that, with financial literacy courses becoming a required part of the high school curriculum. But despite these efforts, financial literacy and financial stability, particularly for minority...