Author: 2018Marketing@finfit.com

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...

FinFit and Salary Finance U.S. Announce Merger, Creating America’s Leading Workplace Financial Wellness Platform

Written by 2018Marketing@finfit.com on April 5, 2023. Posted in Press Releases.

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 2018Marketing@finfit.com on March 21, 2023. Posted in Press Releases.

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 2018Marketing@finfit.com on March 9, 2023. Posted in Press Releases.

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,...