Workers’ financial security should be a C-suite and investor priority. The Worker Financial Wellness Initiative engages directly with corporate leaders, empowering companies to assess worker financial wellness and promoting the business value of financial health investment. This joint initiative from JUST Capital and PayPal is managed in collaboration with the Financial Health Network and the Good Jobs Institute.
Many workers struggle to make ends meet, let alone prepare for long-term financial goals or save for an emergency. The pandemic has only exacerbated these inequities. Engaging directly with corporate leaders and pushing to make worker financial health a priority can not only improve the financial outcomes of employees, but advance corporate interests. Research shows that when workers are more financially secure, business outcomes such as productivity and employee turnover improve.
Together with JUST Capital and other partners, Financial Health Network helps to provide resources for companies to assess their own workers’ wellness and learn about the benefits of worker financial health. This includes bringing together executive leaders of public companies, providing the latest tools to perform worker financial health evaluations, conducting new research, and enlisting media to shift norms around wellness in the workplace.