Skip to main content

Author: Karlie Moses

Survey Finds Three-Quarters of Workers are Living Paycheck to Paycheck

Survey Finds Three-Quarters of Workers are Living Paycheck to Paycheck Written by FinFit on April 1st, 2024.Posted in Press Releases. Saddled with debt and stuck in a financial rut, workers express interest in employee benefits designed to help them save money and pay down debt. VIRGINIA BEACH, April 1st, 2024 / HR Dive / — A new survey from FinFit, the most comprehensive financial wellness platform available to U.S. employers, and HR Dive’s studioID has revealed the financial realities...

Continue reading

The Value of Comprehensive Benefits in Today’s Job Market

The Value of Comprehensive Benefits in Today’s Job Market In today’s fiercely competitive job market, where top talent is in high demand, offering competitive salaries alone isn’t enough to attract and retain skilled employees. Job seekers are increasingly prioritizing not just their immediate financial needs, but also their long-term financial wellness, making benefits a priority for employees across industries.   According to a recent survey, 80% of employees...

Continue reading

The Cost of Being Subprime

The Cost of Being Subprime In today’s financial landscape, many individuals find themselves grappling with the challenges of subprime credit. It’s a situation often brought on by various circumstances, from unexpected expenses to simply not having access to proper financial education. With subprime credit, individuals face many obstacles that can greatly impact their financial well-being. High interest rates on loans and credit cards, limited access to financing options,...

Continue reading

Bridging the Gap: How Financial Wellness Benefits Go Beyond the Paycheck for Employees

Bridging the Gap: How Financial Wellness Benefits Go Beyond the Paycheck for Employees In the world of employee compensation, the ongoing misconception that a paycheck alone guarantees financial well-being is increasingly proven wrong by the complex realities of personal finances. While a fair salary is undoubtedly crucial, it’s merely a starting point. The truth is that employees are faced with an array of financial challenges. This is where comprehensive financial wellness...

Continue reading

Embracing Financial Wellness Beyond January

Embracing Financial Wellness Beyond January  January is Financial Wellness Month, and there’s no better time to give financial health the attention it deserves. Studies continuously highlight the staggering impact of financial stress, affecting 74% of Americans, which often translates into heightened anxiety, depression, and an overall decline in mental health. These effects transcend beyond personal life, seeping into professional realms, where financially stressed employees spend an average...

Continue reading

New FinFit SafetyNet Platform Helps Every Worker Build and Maintain Financial Health

New FinFit SafetyNet Platform Helps Every Worker Build and Maintain Financial Health Written by FinFit on January 10th, 2024.Posted in Press Releases. The platform that provides financial wellness solutions for every worker announces FinFit’s SafetyNet, a suite of tailored solutions for the financially coping and vulnerable workforce VIRGINIA BEACH, January 10, 2024 / PRNewswire / — With sixty percent of Americans living paycheck-to-paycheck, today’s workers are in dire...

Continue reading

Setting the Tone for a Prosperous Year: Employee Financial Health

Setting the Tone for a Prosperous Year: Employee Financial Health   As we round out the year, this time can be stressful for Americans as they review their finances and aim to craft financial goals for the year ahead. Employees across the nation are embracing resolutions focused on securing their financial health and bolstering savings for a prosperous 2024. A recent report found 67% plan on making a financial resolution for the New Year, with the top goals being to save more, pay off debt,...

Continue reading

Happy Holidays from FinFit!

Happy Holidays from FinFit!  Happy Holidays and warm wishes for a prosperous New Year from all of us at FinFit! May this festive season bring joy, peace, and success to you and your loved ones. As we step into the new year together, we’re excited about the opportunities ahead and continuing to support you in achieving your financial wellness goals. Cheers to a wonderful holiday season and a fantastic year ahead! Learn More About FinFit

Continue reading

SECURE 2.0: What to Expect in 2024

SECURE 2.0: What to Expect in 2024 Subscribe to the SECURE Podcast on Apple, Google or Spotify. Regardless of the uncertainties of the economy, the SECURE 2.0 Act of 2022 offers new avenues for financial stability and security. This landmark legislation, an extension of the SECURE Act of 2019, introduces over a hundred provisions designed to bolster American workers’ economic well-being. In a climate where an alarming 60% of the workforce is grappling with living paycheck to...

Continue reading

The Immediate Need for Financial Wellness Benefits: Trends to Watch

The Immediate Need for Financial Wellness Benefits: Trends to Watch  In an employee’s mind, financial wellness is no longer a luxury—it’s a necessity. As the landscape of personal finance evolves, so do the tools and strategies designed to support financial health. Now, more than ever, is the time to explore the emerging trends and innovations in the field of financial wellness, focusing on emergency savings, personalized financial coaching, and access to affordable credit.   A study reported...

Continue reading