Business leaders want to make a difference.  Not just for themselves or the people they love, but also for their employees, communities, and beyond.  Providing income, benefits, and a culture they hope will enrich every member of their organization requires creativity, know-how, and hard work.  Every business leader we talk with wants to attract, develop, and retain the best people for their team.

But there is a problem.  A broken system has drained the impact of both income and benefits.  Healthcare costs more for employers and employees than ever before.  Housing, education, and lifestyle costs have reduced a salary to little more than a figure used to determine how much debt people can obtain just to cover living expenses.  Sadly, most working Americans are just one paycheck away from running out of money.  And that financial scarcity makes money the dominant cause of stress for employees at every level.  Even the highest-paid workers struggle—1/3 of those making over $200,000 are living paycheck-to-paycheck.

Financial stress causes employee turnover, workplace accidents, and damages relationships.  It costs American companies over $500 billion each year in lost productivity, replacement, and transition expenditures.  It is linked with anxiety, depression, insomnia, ulcers, migraines, high blood pressure and heart attack.  And 54% of American workers say it is the biggest cause of stress in their lives—three times the second most common response (Work, 18%).  When it is not addressed it makes everything in a person’s life more fragile—their health, relationships, performance, and their employment.

The good news is that employers can unlock some powerful resources to help their team turn income into progress, maximize the impact of their benefits, and stop the cycles of financial stress that are crushing the productivity, health, and safety of their employees.  A broken system is damaging companies’ culture and profitability, but employers hold the keys to replacing it with an innovative solution to American workers’ biggest problem.

We can help.