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Sunny Day Fund

Sunny Day Fund

Emergency savings benefits program for a modern workforce

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employee benefits

The Cause of the Great Resignation (& How You Can Better Retain Employees)

September 27, 2021 by Sid Pailla

the great resignation

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 […]

Filed Under: Employee, Employer Tagged With: attract employees, employee benefits, retain employees

How much is Workforce Financial Stress Costing Your Organization?

September 13, 2021 by Sid Pailla

Stressed healthcare worker

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 […]

Filed Under: Employer Tagged With: employee benefits, financial inclusion, financial security, financial stress, retain employees

A 401(k) Might Not Be Enough for Your Employees. Consider Workplace Emergency Savings.

August 11, 2021 by Sid Pailla

401k Not Enough

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.  […]

Filed Under: Employer, Homepage Tagged With: attract employees, benefits, employee benefits, retain employees, workplace emergency savings

What the 2021 Child Tax Credit Means for Your Employees (& How You Can Help)

July 15, 2021 by Sid Pailla

Child Tax Credit 2021

Rarely do policy and employee needs collide to create truly meaningful financial change.  But the 2021 IRS Child Tax Credit (CTC) offers a once-in-a-lifetime chance to get savings right.  In an unprecedented move, the United States Congress passed legislation to provide relief for all parents of children ages 0 to 17.  For 39 million American […]

Filed Under: Employer, Homepage Tagged With: Child Tax Credit, Emergency Savings, employee benefits, Savings Program

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