VP and Principal Analyst, Modern Work and financial services, Melody Brue, examines why EXPs have become a primary focus for business leaders in HR and beyond.
of employed North Americans revealed that 61% experience financial stress and 82% report thinking about personal finances during work. Nearly a quarter of those thinking about personal finances spend over an hour daily on these concerns, reducing productivity.
Employers see improved retention and productivity advantages when employees can manage their finances without the stress of stretching their paychecks. Companies are wise to provide access to more robust budgeting tools, financial adviser networks, retirement planning, credit building, investments and more through EXP integrations.
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