An employee benefit that changes livesWe partner with employers to develop and implement financial wellness programs that improve employee productivity, increase retention and save companies money.
We do this by providing salary-linked products and financial education solutions to help employees move out of debt into savings.
Poor Financial Wellness
48% of US employees have financial worries, which costs employers 11-14% of the annual payroll 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)
WE HELP EMPLOYERS
Salary Finance is an employee benefit that is truly valued. Our salary-linked loans and other financial wellness programs are designed to improve employee financial wellness, increase credit scores and help people move from debt into savings.Find out more
WE HELP EMPLOYEES
Salary Finance is a smart way to borrow. We work with employers to give access to new employee 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.