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 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...
FinFit & Salary Finance U.S. Announce Merger, Creating America’s Leading Workplace Financial Wellness Platform
Written by FinFit on April 5, 2023.
Posted in Press Releases.VIRGINIA BEACH, VA, April 5, 2023 / PRNewswire / — With nearly 50 percent of U.S. workers reporting financial stress, FinFit and Salary Finance U.S. today announce their merger, to better support the financial needs of working Americans. Both companies have been part of the rapidly growing market of financial...
FinFit releases new podcast on employee financial wellness: “SECURE”
Written by FinFit on March 21, 2023.
Posted in Press Releases.
VIRGINIA BEACH, Va., March 21, 2023 /PRNewswire/ — The financial needs of the American workforce at-large are going unmet. And, for the first time in history, the issue reaches across racial lines and socioeconomic status, with ripple effects causing organizational crisis in companies across the country, large and small.
In a new podcast series,...
FinFit releases new white paper: “Secure 2.0 Act of 2022 & The Power of Emergency Savings”
Written by FinFit on March 9, 2023.
Posted in Press Releases.VIRGINIA BEACH, Va., March 9, 2023 /PRNewswire/ — Recently enacted Federal legislation seeks to increase the financial stability of the American workforce but leaves the emergency funding needs of nearly 60% of employees unaddressed.
In a recently released white paper, FinFit provides an overview of the Secure 2.0 Act of 2022,...
HCM technology provider announces enhanced solutions for talent retention, secure document management, and employee time tracking
ROCHESTER, N.Y., March 28, 2022 /PRNewswire/ — Paychex, Inc., a leading provider of integrated human capital management (HCM) software solutions for human resources, payroll, benefits, and insurance services, has announced new enhancements designed to help employers better protect worker health and safety and help businesses address worker retention challenges...
VIRGINIA BEACH, Va., March 28, 2022 /PRNewswire/ — Optima Health, provider of health insurance coverage to more than 560,000 individuals in Virginia, and FinFit, a FinTech company that provides financial wellness services to alleviate stress among millions of Americans, have partnered to ensure all Medicaid participants have access to essential resources. The partnership aims to stabilize their financial well-being and address food, transportation, housing, and other insecurities through...
VIRGINIA BEACH, Va., Dec. 21, 2021 /PRNewswire/ — FinFit, a FinTech company that provides financial wellness services to alleviate financial stress, increase employee retention and improve productivity for both Fortune 100 companies and small businesses, was recently named as one of the 2022 Best Places to Work in Virginia. The annual list of the Best Places to Work in Virginia was created by Virginia Business Magazine and Best Companies Group.
This statewide survey and awards program is...
VIRGINIA BEACH, Va., Aug. 27, 2020 /PRNewswire/ — FinFit, a FinTech company that provides over 150,000 employers with a unique financial wellness benefit platform, today announces the launch of the first employee savings account program in the financial wellness industry which allows employers to contribute. With this benefit, employers will be able to match up to 100% when their employees fund their FinFit savings account.
Benefits of Employees
Allowing employees to allocate a portion of...
EDISON, N.J., July 16, 2020 /(PRNewswire)/ — FinFit, a FinTech company that provides over 150,000 employers with a unique financial wellness benefit platform, today announced a partnership with PeopleStrategy, Inc.®, a full-service brokerage and provider of comprehensive, cloud-based human resource (HR) solutions. FinFit’s platform is now available to more than 200 PeopleStrategy clients, offering complete access to essential financial tools and resources to improve employees’...
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