An ESA foundation can lead to enhanced contributions to retirement funds like 401(k)s. The confidence and saving habits nurtured by ESAs translate into more robust participation in long-term financial strategies, thereby securing a better financial future.
Research
New Financial Wellness Trends in Hospitality Industry
Hospitality leaders united to address labor market complexities, debating top trends and financial wellness strategies for improved retention and engagement in the industry.
9 Innovators to Watch in the JFF Wraparound Services Market Scan
JFF created a framework to understand and evaluate wraparound supports as a part of its recent Market Scan and its overall research on Social Determinants of Work. While acknowledging support systems in state-based programs, common benefits like healthcare and retirement, and comprehensive HR systems, the scan focused on new innovations across three broad outcomes.
Why Emergency Savings Accounts Are Dominating Q4 Benefit Conversations
Emergency savings programs are both good and great. They improve worker financial health while delivering better business results. As Q4 strategy conversations are underway, delivering the message about employer-sponsored emergency savings programs is a natural solution to fulfill employers’ fiduciary duty as retirement plan sponsors.
5 Big Takeaways from Workplace Emergency Savings in 2023
Happy New Year! Hope your holidays were filled with joy. My wife and I enjoyed our first Christmas with our 2-month-old daughter, who has recently begun smiling with the cutest dimple. Nothing quite like those rewards – and as you know at Sunny Day Fund, we love rewards! In this post and letter, we will […]
Building the Benefit Matrix of Financial Wellness in the Workplace
In the ever-evolving landscape of employee well-being, the intersection of financial health and workplace dynamics has taken center stage. Matt Bahl from the Financial Health Network, Rachel Schneider representing Canary, and Ernesto Boada of the Sunny Day Fund share their collective wisdom to sheds light on the critical importance of addressing financial well-being within the […]