In light of COVID-19, the financial security of workers has never been more in question. The workplace is an important delivery channel for tailored financial products and services that can help meet employee’s immediate financial needs and build long-term financial stability. This moment calls for employers and philanthropists to re-imagine how employee financial wellness programs can best support financial well-being for workers. For philanthropy, these programs offer opportunities to reach financial security at scale, fit within a quality jobs framework, and meet equity goals.
- How are employee financial wellness programs responding to the COVID-19 crisis and building lasting financial stability for low-income workers?
- What can philanthropy do to increase the financial wellness for workers now and moving forward?
On Thursday, June 25, at 1:00 pm ET, a briefing was shared on leading strategies to increase employee financial wellness in the workplace. Learn how interventions like hardship funds, payroll innovations, and small dollar loans can address workers’ short-term needs and build longer-term security. Our industry experts included:
Melissa Gopnik, Commonwealth
Rachel Schneider, CEO, Canary
Ronnie Washington, Founder & CEO, Onward Financial
Evelyn Stark, MetLife Foundation (moderator)
The workplace is a unique platform to identify, target, and meet the specific financial needs of employees. This webinar gives funders the tools and inspiration to respond effectively to the low- and moderate-income workforce in this moment and beyond. It covers:
- Innovative approaches to nurture the short-term financial stability and long-term resiliency of workers.
- Lessons from employee financial wellness responses that meet the immediate and future needs of low-income workers.
- Strategic recommendations for funders to help workers move from a financial state of emergency toward financial resilience.