Workplace emergency savings programs and emergency savings accounts (ESAs) are becoming more and more common, especially as Secure Act 2.0 takes effect soon. As employers consider implementing an emergency savings program like Sunny Day Fund, it’s helpful to understand what to expect. As part of a new series of case studies, we are sitting down […]
benefits
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 […]
