WorkLab Workforce Blog

Keeping you informed of the latest trends in engagement, retention, and workforce support

The Stablizing Potential of Payroll

Posted on May 14, 2019

You’ve probably heard this statistic before: 40% of Americans don’t have enough savings to cover a $400 emergency.1 That number is repeated so often because it reveals how precarious finances are for millions of Americans, even those that seem stable and self-sufficient. We all know these kinds of emergencies will happen—the car needs a water pump, or the dishwasher breaks, or a pet gets sick—but too often we aren’t prepared to handle it when it does.

Topics: barriers to employment, innovative workplace benefits, workforce support, diversity & inclusion, financial stability, absenteeism, employee retention, economic opportunity, financial planning

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Topics: barriers to employment, innovative workplace benefits, workforce support, diversity & inclusion, financial stability, absenteeism, employee retention, economic opportunity, financial planning