Employer-Sponsored Small-Dollar Loans: An Assessment of Take-Up, Engagement, and Outcomes

Abstract

Employees financial wellness program (EFWPs) are gaining in popularity as a strategy to address workers\u27 financial challenges and goals beyond offering health and retirement benefits. Most workers say they are stressed about their finances1 and a third are less productive at work because of this stress.2 Although employers are increasingly interested in offering EFWPs, little research has been conducted concerning these workplace financial products and services

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