Why Employees Are Financially Stressed
Rising healthcare costs have forced many employers to shift more costs to employees.

• 60% of employees not saving on a regular basis
• 45% of employees living paycheck-to-paycheck

Increased healthcare out-of-pocket expenses have created a significant financial and emotional burden for employees and their families

Why Employers Need To Worry – Employee Productivity
In these uncertain times employers suffer in the form of lost productivity. Between mortgage related issues, credit card debt and medical costs employees are maxed out in their ability to cope with financial burdens… thus their work level WILL be affected.

What Employers Can Do
Find ways to ease employees' financial worries through employer-sponsored credit programs. These programs provide employees with a tool to better manage their out-of-pocket healthcare and everyday expenses and help employers increase productivity and retention. By offering a new voluntary benefit in the form of employer-sponsored credit programs, employers give their employees access to credit that has unique and highly valuable features:

• Most are guaranteed-issue. Your employees can’t be turned down
• Employees get six months at 0% interest to pay for healthcare (medical, dental and vision) and tuition expenses in excess of $199
• Employees get two months to pay at 0% interest* on all other purchases, every day!
• Payments are automatically deducted from employee paychecks in equal installments over the course of two months
• Employee credit limits are tied to a percent of their salary. By design, they are prevented from over-spending

Click here to read the Novant Health case study entitled “Novant Health Leverages the Clear MasterCard®.”

To obtain additional information about employee financial stress and the impact to your organization please contact Paul Chicos directly at pchicos@e-duction.com or call 1.215.371.5121.