Financial wellness technology provider FinFit has launched a Coronavirus (COVID-19) Employee Resource Center with what the company calls the most accurate, timely resources to help individuals navigate current challenges.
Information and resources will be added to the resource center as they become available, FinFit notes.
FinFit and its financial partner, Celtic Bank, announced March 18 they are working together to provide support for any employees impacted by the Coronavirus (COVID-19). “FinFit and Celtic Bank stand ready to support employees and ensure their continued financial stability during the Coronavirus (COVID-19) pandemic,” FinFit said in a statement.
“Financial stress is heightened now more than ever, and we know how important it is for organizations and their employees to have access to the financial wellness resources and services FinFit offers, said David Kilby, president of FinFit. “In February, FinFit made its early wage access service free to all employees. Crisis or not, we don’t feel employees should pay to access the money they’ve already earned. But this is of little help if employees are not receiving a paycheck.”
The company also said it will maintain free, unlimited access to FinFit’s financial wellness educational resources, one-on-one financial coaching, budget calculators, online money management tools and personal financial assessments for all FinFit members, regardless of their employment status. “Should employees experience temporary layoffs, company shutdowns or worse, FinFit will stand by them offering access to all financial wellness resources,” the statement said.
Virginia Beach, Va.-based FinFit’s financial wellness platform is mobile-first, 100% digital and available 24/7, servicing over 150,000 business clients. As recommendations and mandates for quarantine evolve, the FinFit platform and resources are accessible from any location.
“We have taken the necessary steps to protect businesses and their employees. FinFit’s customer support and account management teams have mobilized to remote work environments so there will be no disruption when clients and employees need to reach out to the team for support,” the company said.
Anyone who has ideas for information and resources that should be added to the resource center are asked to email those resource recommendations to kmiller@finfit.com.
Veteran financial services industry journalist Brian Anderson joined 401(k) Specialist as Managing Editor in January 2019. He has led editorial content for a variety of well-known properties including Insurance Forums, Life Insurance Selling, National Underwriter Life & Health, and Senior Market Advisor. He has always maintained a focus on providing readers with timely, useful information intended to help them build their business.