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Category:
Wealth, Financial Wellness, Short Term Loans
VALUE:
Salary Finance offers voluntary financial wellbeing benefits to help employees build emergency savings, meet financial challenges, and build economic resilience.
What makes us special:

Salary Finance helps bridge financial divides and provides inclusive access to affordable credit and savings tools, all at no cost to the employer. Through affordable loans¹ and Chime Savings Accounts² , Salary Finance can help reduce the financial stress of employees struggling to make ends meet, as well as help them build up their savings to protect them from future unexpected financial shocks.

About

Salary Finance offers voluntary benefits to help employees handle emergencies, meet financial challenges, and build economic resilience. The platform, which is available at no cost to the employer, includes inclusive access to loans, an emergency savings product, and access to financial literacy education, coaching, and tools.

VOLUNTARY BENEFIT THAT CAN MAKE A REAL, MEASURABLE IMPACT

According to a study from Harvard Kennedy School, employers who offered Salary Finance saw employee retention improve by 28%.

SUPPORTS DEI INITIATIVES

The most vulnerable employees within an organization are the ones most likely to be experiencing financial stress. Providing these employees access to responsible, inclusive financial products is the right thing to do – and improves overall employee retention and engagement as a result. 

IMPROVES MENTAL HEALTH AND PRODUCTIVITY
Based on our recent survey, 89% report significant improvements to their wellbeing and stress levels after using Salary Finance.

1 Salary Finance branded loans are offered by Axos Bank® Member FDIC, and are subject to eligibility, underwriting, terms and conditions, and approval. Salary deduction payments are not available to employees who work primarily in DC, IN, NH, NJ, NY and WV.

2 Salary Finance partners with Chime to provide online savings and checking accounts. Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A.; Members FDIC.

Offering Salary Finance has been instrumental in helping our people protect their retirement readiness while dealing with the uncertainty of today.
Brian C.
Wholesale manufacturer and distributor of food products
Resources
eoi-blog

Salary Finance Overview

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Salary Finance Case Study: Dawn Foods

Salary Finance Report: Breaking Down the Cost of Living Squeeze

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