The economy has been tough on employees. An emergency savings fund (ESF) is an easy tool you can offer the people who depend on you to help build a sense of financial security — while also gaining an edge in the fierce battle for talent. In this report, we outline the changing needs of modern employees, and what you can do to meet them.
Awareness of ESFs among benefit managers is increasing and many are considering adding it to their company offerings.
72% of employees not currently saving for emergencies said they are actually very interested in starting an emergency fund — but struggle to do so.
Among employers who offer ESFs, 81% have seen a positive return on investment by offering this benefit.
Inspira Financial provides health, wealth, retirement, and benefits solutions that strengthen and simplify the health and wealth journey. We help employers support the wellness of their workforce by keeping the employee experience at the center of everything we do. We relentlessly pursue better outcomes for all with our health savings accounts, flexible spending accounts, emergency savings funds, and more.