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 […]
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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 […]
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 […]
The Cause of the Great Resignation (& How You Can Better Retain Employees)
The pandemic has caused employees to reevaluate their work priorities — and turn in their two-week notice. Known as the “Great Resignation,” a record four million people quit their jobs in April 2021 alone. The desire for things like flexibility and new career paths contribute largely to this mass exodus. However, the issue goes even […]
5 Startup Takeaways from the Sunny Day Fund Interns
Want to work for a startup? A key element to this goal is understanding the startup’s work environment and company culture (and learning if the work you do will be meaningful!). And there is perhaps no better way to learn about the inner workings of a startup than through intern insights. Introducing the Sunny Day […]
💛 🖤 Techstars + Western Union + Sunny Day Fund 💛 🖤
We’re thrilled to be a part of Techstars + Western Union Accelerator’s Class of 2021! Our team looks forward to learning from the amazing Techstars team (Elle, Josef, Kallie, Jen, Jennifer, and Chinedu), growing alongside incredibly inspiring fintechs from across the world, and partnering with the brilliant folks at WU. Innovation in the Movement of […]
