Support Employee Financial Security to Build an Engaged Workforce

On January 16th, 2019, Commonwealth and Rhino Foods presented on a webinar hosted by Interise to talk about how small businesses can support employees’ financial security and build a more engaged and productive workforce.

Recruiting and retaining the right workers is one of the biggest challenges faced by small business owners, especially with a tightening labor market. One of the innovative strategies that employers are using to address this challenge is to think beyond traditional benefits and compensation practices. New national data has shown that financial insecurity is plaguing the workforce, and employers have found from talking to their workers that a good portion of them are stressed about their finances, which affects them at work. However, there is good news – one survey showed that 60% of workers believe that increasing financial security would enhance their job satisfaction.

On January 16th, 2019, Commonwealth and Rhino Foods presented on a webinar hosted by Interise to talk about how small businesses can support employees’ financial security and build a more engaged and productive workforce. During this webinar, Commonwealth and Rhino Foods shared more about the causes of financial insecurity and the work they’ve respectively done to help employees build emergency savings and pay for unexpected expenses through an innovative pay advance solution.