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HR Can Transform Employees Financial Wellness

HR Can Transform Employees Financial Wellness

June 20, 2018

Via: HR Hero

Yesterday we heard from Kristen Berman, cofounder of Duke’s Common Cents Lab and Bradley Swain, a behavioral researcher at the Common Cents Lab, concerning the ability of HR to influence America’s financial health. Today, we’ll hear the rest of what they have to say.

Default Employees into Savings or Paycheck Splitting

Most employees are paid through direct deposit, with the default option sending 100% of a paycheck to a checking account. Imagine a world where the opposite was true and employees were defaulted into depositing 100% of the check to savings.

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