Game Changing Solution to Bank Overdraft Fees
It’s happened to the best of us. Millions of working Americans frequently find themselves in need of funds between paydays. Continued
Category: Insights
FlexWage Goes to Washington
FlexWage Solutions was honored to accept an invitation from the National Economic Council (NEC) to review WageBank as part of the White House Executive Office of the President (EOP) Financial Inclusion initiatives.
The NEC and the US Treasury D… Continued
Making a Difference, Making a Profit
You feel its effects every day but simply consider it a part of doing business. Referred to as the “silent epidemic,” Financial Stress affects 30 million American workers (25% of the workforce), and unless your employees are requesting loans aga… Continued
The Truth About Payday Loans
Payday lending has existed in some form for more than 100 years, but its current incarnation has been around since the early 1990s. A recent Pew Charitable Trust report on Payday Lending in America provides some eye-opening information regarding bor… Continued
Earn your employees’ loyalty and make your board smile, too.
Your best CSR doesn’t get paid until next Friday, but she needs gas in the car to pick up a prescription and pay the electric bill. She only has enough money for one of these unless she takes an advance, applies for a payday loan, or pawns her jew… Continued
Small and Midsize Businesses Can Recruit and Retain the Best Employees by Offering the Best Benefits
A remarkable one in three employees plans to be working somewhere else in the next year, according to MetLife’s 9th Annual Study of Employee Benefits Trends1. It seems that through a period of low turnover, companies of all sizes have become compl… Continued
Employee Financial Stress Diminishes Productivity
Your employees’ financial stress is costing you money.
Almost half of working American adults have trouble paying their household expenses on time, causing them increasingly higher amounts of stress, according to a 2011 survey conducted by PriceWa… Continued
Underbanked Employees Eat in to Company Profits
Approximately 30 million American households are unbanked or underbanked, and it’s affecting your bottom line.
An estimated 25 percent of U. Continued