An employee benefit that changes livesSalary Finance helps employers develop and implement financial wellness programs that improve employee productivity and retention, while saving you money.
Salary Finance's financial products, including salary-linked loans, help your employees move out of debt and into savings.
Poor Financial Wellness
48% of US employees have financial worries, which costs employers 11-14% of annual payroll cost in lost productivity and increased employee turnover.
(Source: The Employer’s Guide to Financial Wellness)
Lost productivityThose with financial worries are 5.8 times more likely not to finish their daily tasks on time and 4.9 times more likely to experience diminished work quality. Combined, this equates to 25-31 lost work days annually. (Source: The Employer’s Guide to Financial Wellness, Salary Finance)
Troubled relationships with co-workersThose with financial worries are 4.5 times more likely to have troubled relationships with their colleagues. (Source: The Employer’s Guide to Financial Wellness, Salary Finance)
Increased turnoverThose with financial worries are 2.2 times more likely to be looking for another job. The cost of losing an employee is 16-20% of total salary cost. (Source: The Power of the Salary Link, Harvard Kennedy School)
HELPING YOU HELP YOUR PEOPLE
Salary Finance is a benefit that employees truly value. Providing salary-linked loans and other financial wellness programs can help improve your employees’ financial wellness, increase their credit scores, and help them move out of debt and into saving.Find out more
BECAUSE LIFE HAPPENS
Salary Finance is a smart way to borrow. Through Salary Finance, you can give employees access to new benefits, such as dramatically lower interest loans with higher acceptance rates than other lenders.Find out more
We’ve partnered with United Way on their mission to deliver financial stability and security. Together, we want to get 10 million Americans out of debt and into savings.