Economic development

Can Employers Solve the Savings Crisis? A Case Study

CanEmployersSolvetheSavingsCrisisACaseStudy
 

SaverLife launched a new program to offer employers a digital savings platform that encourages employees to increase their savings, access financial education, and earn matched savings rewards. Participating employees showed stronger performance on key savings metrics than anticipated. For example, 60% of the employee savers increased their savings, saving an average of $653 in the first six months.

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