Pilgrim’s is a multi-national food company and one of the largest chicken producers in the United States, recognized the critical need for employee financial wellness benefits. With over 68,000 employees, the company faced high stress levels among its workforce, leading to burnout, decreased productivity, and high turnover rates. To address these challenges, Pilgrim’s partnered with FinFit in 2018 to implement a financial wellness solution aimed at improving retention and engagement.
Financial stress significantly contributes to employee turnover, with financially stressed employees being twice as likely to seek new jobs. Since launching FinFit, over 26,000 of Pilgrim’s 37,000 benefit-eligible employees have registered for the platform.
“Pilgrim’s is proud to partner with FinFit. The FinFit products and financial development tools that are offered to our team members directly align with our company’s vision to provide a better future for all of our team members.” – Kimberly J, Pilgrim’s
By prioritizing financial wellness, Pilgrim’s has shown a strong commitment to the holistic wellbeing of its workforce. This has not only enhanced employees’ financial health but also significantly improved retention rates. Pilgrim’s stands out as a leader in the industry, showcasing the transformative impact of FinFit’s comprehensive financial wellness platform.