Finding the right financial wellness solution is no easy task. Each employee has unique needs. Financial stress can lead to a reduction in work performance and higher turnover — so employer-sponsored emergency savings accounts (ESAs) and other wellness benefits often lead to a positive ROI in the short- and long-term.
75% of employees stressed about their finances performed worse at work.
Source: PwC (2022)
64% of 18-24 year olds and 69% of 25-34 year olds consider financial wellness the employer’s responsibility
Source: YuLife (2022)
Only 15% of employers offer ESAs
Source: SHRM (2021)
59% of employees reported good mental health with a financial wellness program vs. 55% without.
Source: Prudential (2019)
Stearns Bank is expanding in new technology services and innovative partnership opportunities.
When you have a CEO who cares so much about her employees, financial wellness is always on the radar. When the opportunity for emergency savings presented itself, Stearns CEO Kelly Skalicky was immediately on board.
SecureSave encourages employees to save through an easy-to-use employer-sponsored emergency savings program. Employers can provide sign-up bonuses, savings matches, and milestone rewards for their employees to spur good savings habits.
See the impact of your custom SecureSave program with our ROI calculator