Blog
Access Commonwealth’s latest thinking, new ideas, and practical insights from our team of innovators, researchers, and business experts.
Designing Financial Solutions for Elder Caregivers
How Retirement Plan Recordkeepers Can Help Solve the Emergency Savings Crisis
By Nick Maynard Retirement plan recordkeepers are increasingly aware of the need for employee financial wellness programs, rating them among their top 3 priorities for 2019 and as a key aspect of retirement preparation. With the consolidation of the recordkeeping…
Unlocking Impact Metrics
This post continues a series on worker financial security and the strategies that Commonwealth is exploring–from shareholder activism to working directly with C-suite leadership–to support it. Leveraging Investors to Boost Employee Financial Security Promoting Financial Security through Active Ownership The…
Major Partners Join the BlackRock Emergency Savings Initiative, Building Momentum Around Financial Security
At Commonwealth, we’ve spent 18 years designing, testing, and implementing solutions to make financial security possible for those who need it most. Given this background, we couldn’t be more thrilled that earlier this year, BlackRock announced the first phase of…
Boston FinTech Week 2019
This fall, Commonwealth partnered with Fintech Sandbox to bring a social impact lens to the financial services ecosystem at Boston Fintech Week. Throughout the week, nonprofits, fintechs, and finance experts shared their rich insights and practical experiences from across the…
Emerging Technology and Financial Security
New and emerging technologies throughout history have transformed our lives, well-being, and day to day tasks. This is true in financial services as well: we use cash less and cards more, have access to banking services 24/7, and can perform…
Leverage Tax Refunds and Other Windfall Moments to Help Your Customers and Employees Build Savings
Many Americans experience “windfall moments” – sudden periods of additional cash flow– at some point in the year, be it from getting a side gig, unexpected cash gifts from friends or relatives, a big tip from a customer, and more. …
The Intersection of Business Value and Worker Financial Security
In our previous post, “How Little Data Yield Big Results,” we highlighted Commonwealth’s involvement in the Consumer Insights Collaborative (CIC). Our work emphasizes the CIC’s position that short-term financial security and stability is key to helping financially vulnerable people achieve…
How Straightforward Savings Benefits Can Help Your Employees and Improve Your Bottom Line
By Timothy Flacke, Executive Director, Commonwealth In recent years, there’s been a lot of talk in the popular media and financial services industry press about the benefits of financial security, financial wellness, and financial health on worker productivity and effectiveness.…
A Little-Known Employer Financial Tool with Big Potential for Employee Financial Security
One Employer Strategy to Address Employee Financial Emergencies and Reap Significant Business Benefits in the Process
How Little Data Can Yield Big Results
“Big data” seems to be ubiquitous – it is often portrayed as the key to solving all the business challenges faced by companies. But what if the people that you are trying to support are not included in the “big…