WorkLab Workforce Blog

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

The True Cost of Medical Debt

Posted on October 31, 2019

“I’ve stopped checking my mail,” said Travis, overwhelmed by the past-due medical bills and collections notices piling up in his mailbox. He was behind on everything except his mortgage. To make matters worse, Travis’ wife was in need of extensive medical care but—because they were behind on payments—the medical provider would not extend care until they started paying again.

Topics: financial stability, economic opportunity, financial planning

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Topics: financial stability, economic opportunity, financial planning

The Surprising Cost of Low Wages

Posted on July 9, 2019

It’s the first of the month, and Regina drops her $700 rent check in the mailbox. After paying for her housing, she has less than $100 in the bank to get her through the week until her next paycheck comes in. That money will need to cover food and gas for herself and her 10-year-old daughter Simone. She's worried about money all of the time.

Topics: employee engagement, resource navigator, innovative workplace benefits, workforce support, financial stability, good jobs, employee retention

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Topics: employee engagement, resource navigator, innovative workplace benefits, workforce support, financial stability, good jobs, employee retention

The Stablizing Potential of Payroll

Posted on May 21, 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

Helping Employees with Taxes Puts Money in their Pocket

Posted on May 7, 2019

Tax season can be one of the most stressful times for your employees—or it can be a major boost. It all depends what they owe, or what they receive. And while personal finances may be just that—personal—those worries don’t disappear when employees come to work.

Topics: employers, sustainable workforce model, employee engagement, resource navigator, innovative workplace benefits, workforce support, financial stability, good jobs

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Topics: employers, sustainable workforce model, employee engagement, resource navigator, innovative workplace benefits, workforce support, financial stability, good jobs

Data Digest April 2019

Posted on April 23, 2019

We love research. You probably do too—but it’s never easy to find time to read it all. That’s why we’re sharing the most compelling facts from the latest research. These numbers offer valuable insights into building a stronger workforce for your company and inform the way we plan for the #futureofwork.

Topics: barriers to employment, data & impact, workforce support, diversity & inclusion, financial stability, labor pipeline, absenteeism, employee retention, economic opportunity, caregiving

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Topics: barriers to employment, data & impact, workforce support, diversity & inclusion, financial stability, labor pipeline, absenteeism, employee retention, economic opportunity, caregiving

Are workers ready for skills training? The problem with seeking growth before stability.

Posted on March 26, 2019

Employers need a strong pool of available labor with the skills and knowledge to sustain and grow their business, adding more jobs to the economy. No arguments there. Foundations and community organizations want to see lower-wage workers get the qualifications they need for the kind of jobs that can support a middle-class family. Again, wholeheartedly agree.

To me, the question is, are we doing the hard work to meet these learners where they are so that we can achieve that vision of a strategically trained workforce? The people who are in most need of career training are often least able to take advantage of it.

Topics: sustainable workforce model, innovative workplace benefits, workforce support, financial stability, education & training, impact investing, workforce development, good jobs, career training, economic opportunity

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Topics: sustainable workforce model, innovative workplace benefits, workforce support, financial stability, education & training, impact investing, workforce development, good jobs, career training, economic opportunity