We are humbled to announce that Sunny Day Fund has joined the Financial Solutions Lab’s 2022 Accelerator Program. The Financial Solutions Lab, an initiative by the Financial Health Network in partnership with JP Morgan Chase & Co. and Prudential Financial, is on a mission to “cultivate, support, and scale innovative ideas that help improve financial […]
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Sunny Day Fund Now SOC 2 Certified: Workplace Emergency Savings Made Secure!
Sunny Day Fund is now SOC 2 Type 2 certified to protect employees’ and employers’ data as they build emergency savings.
How much is Workforce Financial Stress Costing Your Organization?
Financial stress levels for the American worker are at an all-time high. As employees struggle with issues like increased expenses and low income, their health, productivity, and overall well-being suffer severely — and impact their engagement at work. These high financial stress levels also come with a steep price tag for companies. According to research […]
A 401(k) Might Not Be Enough for Your Employees. Consider Workplace Emergency Savings.
Next to healthcare, most people immediately think of retirement savings when they think about employee benefits. According to the U.S. Bureau of Labor Statistics, 67% of American workers have access to retirement savings benefits like 401(k), 403(b), and pensions. And with state-facilitated retirement programs like VirginiaSaves on the rise, that access is bound to increase. […]
Do You Believe in DEI Initiatives? It is Time to Follow Through
By now, DEI (diversity, equity, and inclusion) should be more than just a buzzword for companies. And, on the surface, it looks like progress is being made. For example, LinkedIn data shows there has been a 71% increase in worldwide D&I roles in the past five years. But while many companies and HR leaders would […]
What Employee Benefits Should Look Like Post-Pandemic
In this piece the Sunny Day Fund team dives into what employee benefits in a post-covid world should look like. We explore mental health, work-life balance, and financial wellness benefits.
Reflecting on Dr. Martin Luther King Jr.’s Dream of Economic Opportunity and Equality for All
Reflecting on Rev. Dr. Martin Luther King Jr. is a formidable task, and this blog is not intended to capture his undeniable greatness. But as I entered this long weekend reading the alarming news of surging COVID and rising inflation, and thinking about how and who that impacts, I realized that it also may be […]
Workforce Financial Well-being & Sunny Day Fund: 2021 in Review
As 2021 comes to a close, I can’t help but reflect on the past year and what we’ve accomplished. Though not without challenges or volatility (from the ongoing pandemic that’s impacted our own team to the Great Resignation), it’s been a rewarding year with significant wins for employee finances within Sunny Day Fund, the organizations […]
Why Employee Retention is Difficult to Fix with a 401(k) Match Alone
On the heels of COVID and amid the Great Resignation, frontline employee industries are looking to combat the traditionally high turnover model (for retail workers alone, the turnover rate is 81%). 401(k)s are never far from most employers’ lists of effective retention strategies. And with good reason. 401(k) matches and similar retirement savings benefits such […]
