How to Empower Your Employees to Get Once-in-a-Lifetime Rates

by on Apr 02, 2020, 05:27 PM

How to Empower Your Employees to Get Once-in-a-Lifetime Rates

It’s no secret that perks for work lead to happier employees. According to a recent study from the Society for Human Resource Management, 92% of employees say that benefits are important to their overall job satisfaction.

Coming up with enticing new perks to attract and retain employees, however, can be a challenge. Once you’ve offered popular benefits such as healthcare or flexible working hours, it can be tough to think outside the box. Here’s a clue to what your employees may be after: In a PwC employee wellness survey, 54% of millennial employees said that their loyalty to their employment provider was directly influenced by how much they felt their employer cared about their financial wellbeing.

Finance Perks for Work Don’t Need to Be Boring

There’s a simple way to show your employees you’ve got their backs when it comes to their finances – something that goes beyond simple credit and fraud monitoring. ScoreMaster is an exciting pioneer in the credit score space, helping people keep track of fluctuations in their credit score with a gamified dashboard. It’s a powerful tool that aims to help consumers get their best credit score in just 20 days, helping to lower the financial burden when they come to borrow.

All too many people bury their heads in the sand when it comes to their credit score – in fact, a recent survey suggests that as many as 37% of Americans don’t know what their credit score is at all. Many of these hardworking Americans may very well be holding themselves back from the futures they aspire to because of this.

A decent credit score helps consumers get the best deal possible from lenders, and, as such, it’s a ticket to financial freedom. That three-figure digit can impact everything from buying a first home to securing the funds to make over that home later in life.

Freedom Starts Here

Right now, national interest rates are at a historic low, meaning there’s never been a better time for employers to think about signing on with ScoreMaster. The current low rates mean it’s a great time to borrow — everything from mortgages to unsecured personal loans are a better value right now.

Traditional methods of keeping track of credit scores are all too often dry, dull and far from user friendly. That’s why ScoreMaster is a great perk to offer: by making the process of credit score tracking fun, consumers can finally take control of their finances, bringing that dream holiday or new car a whole lot closer.

Lower Stress and Make Your Workplace a Happier Place

Money troubles are often one of life’s great sources of stress, and this all too often spills over into the workplace. Almost 20% of Americans admit that their debt impacts their productivity at work. By equipping their staff with the tools to best manage their finances, employers are not only improving home life but most likely work life too.

Help your employees achieve their best possible credit score by signing on with ScoreMaster, giving them the chance to become who they are tomorrow – not who they are today. 

*Legal Disclaimer – ScoreMaster is a patent-pending educational feature simulating credit utilization’s effect on credit scores via payments or spending. Your results may vary and are not guaranteed. 

References: 

  1. https://www.shrm.org/hr-today/trends-and-forecasting/research-and-surveys/Documents/2018%20Employee%20Benefits%20Report.pdf
  2. https://www.pwc.com/us/en/private-company-services/publications/assets/pwc-2016-employee-wellness-survey.pdf
  3. https://www.cnbc.com/2019/01/04/about-4-in-10-americans-have-no-idea-how-credit-scores-are-determined.html