Author: FinFit

Money and Stress | Curbing Financial Anxiety

Stress is a Lifesaver. And a Killer!

Written by FinFit on February 27, 2019. Posted in Blog. 1 Comment on Stress is a Lifesaver. And a Killer!

“I’m really stressed out today,” you might say to a colleague after a particularly harrowing drive to work. “A lot of crazy drivers out there.” Or “I’m really stressed out today,” you might think to yourself when you realize you don’t have the money to pay your rent. “Now, what am I going to do?” These are different kinds of stress, and each will affect you differently. What’s wrong with her? In my book, The New Productivity Engine, I compare positive, good stress – acute stress – and negative,...

FinFit Awarded Best Places to Work in Financial Technology 2019

Written by FinFit on February 26, 2019. Posted in Press Releases.

VIRGINIA BEACH, Va.–(BUSINESS WIRE)– FinFit, a FinTech company that provides over 150,000 employers with a unique financial wellness benefit platform, was recently named as one of the 2019 Best Places to Work in Financial Technology. The awards program was created in 2017 and is a project of SourceMedia and Best Companies Group. The annual survey and awards program are designed to identify, recognize and honor the best employers in the financial technology industry. FinFit is proud...

You’ve Already Earned the Money. You Can Get it Today with WageNow

Written by FinFit on February 22, 2019. Posted in Blog.

Take this situation. You’re working and you’ve earned the money. You need it now. But the timing is off. You can’t get it until payday. And that’s four days away. Sound familiar? Sure, we’ve all been there – waiting for payday. Someone should write a song about it. Now there’s a solution. It’s called FinFit WageNow, and it works like this. How Employees Can Get Money Now Employees at companies offering FinFit financial wellness employee benefit programs can receive their paycheck as often as they...

FinFit Announces Appointment of Matthew Fahy as Chief Financial Officer

Written by FinFit on February 19, 2019. Posted in Press Releases.

VIRGINIA BEACH, Va.–(BUSINESS WIRE)–FinFit, a FinTech company that provides over 150,000 employers with a unique financial wellness benefit platform, today announced that it has hired Matthew Fahy, a leading finance and operations executive at top regional tech firms, as Chief Financial Officer (CFO). Fahy, most recently CFO and Executive Vice President of Global Services at AgilQuest, brings over 25 years of varied experience in business leadership and corporate strategy. He will...

Should employers care when their workers are in financial distress?

Written by FinFit on February 15, 2019. Posted in Blog.

So, back to our question. What happens when an employee doesn’t have an emergency savings? In one such case, out of desperation, the employee stole from their employer. This very real scenario resulted in the formation of FinFit’s financial wellness solution. David Kilby, president of FinFit, knew there must be a better way to support employees. Kilby, answers the question, “Should employers care when their workers are in financial distress?”, during a recent Data Drivers podcast with podcast...

Why Do We Work?

Written by FinFit on February 15, 2019. Posted in Blog.

Ask most people why they work, and you’ll hear, “For the money.” While that’s probably true on one level, ‘working’ is a complex activity that consumes most adult humans for a good part of their day, and their life. About one-third of workers are ‘actively engaged.’ Let’s start with the big picture. About 125.97 million Americans were working full-time in 2017. About 13 million adults of working age were unemployed. According to figures from the Gallup organization, about one-third of workers...

No One Wants to Live in Candy Land

Written by FinFit on February 6, 2019. Posted in Blog.

Who doesn’t love a good game of Candy Land? If you’re not familiar with the popular children’s game, the goal is to be the first to advance your gingerbread man to Candy Castle to find King Candy. Comparison to real life Scenario 1 – Candy Land: You and your child are making short strides forward. You’re beginning to accomplish something! All of a sudden, through the draw of just one lousy card, you’re back to where you started. Better you than a 3 year old, but no less deflating. Scenario...

WageNow – the NEW Early Wage Access Solution – is Now Available to All PrismHR Customers

Written by FinFit on January 31, 2019. Posted in Press Releases.

VIRGINIA BEACH, Va.–(BUSINESS WIRE)– FinFit, a FinTech company that provides over 150,000 employers with a unique financial wellness benefit platform, has announced the launch of its WageNow program to PrismHR customers who service over 80,000 organizations with more than 2 million worksite employees. “WageNow helps PrismHR customers meet a significant demand from their SMB clients and employees.” Tim Pratte, Senior Vice President, Customer Success, PrismHR Weekly...

Shhh! We don’t talk about that.

Written by FinFit on January 25, 2019. Posted in Blog.

Surveys have shown that employees are asking for financial wellness help. According to a 2018 PwC survey, 25% of employees would like financial wellness benefits. You’re organization has responded by updating your employee benefits package to include financial wellness. And…. {queue in cricket chirps} So just what is the problem? The stigma There are three things Americans don’t talk about: politics, religion and money; a familiar statement many of us have heard since we were children. It seems...

Financial Wellness in the Workplace: A Success Story

Written by FinFit on January 18, 2019. Posted in Press Releases.

VIRGINIA BEACH, Va.–(BUSINESS WIRE)– The statistics are out there. Employees are struggling financially, leading to higher stress and lower productivity in the workplace. Not to mention increased health insurance claims. If you have a pulse on the latest trends in employee benefit offerings, or are actively engaged with your workforce, this comes as no surprise. But, what may be surprising, is how effective a financial wellness program can be when you take ownership in its success. Employees...