Financial stress kills productivity. Because employers are often employees’ first entry point into financial services, helping your employees manage their finances can not only reduce their stress, but also increase productivity, and decrease turnover within your stores.
That’s why the Illinois Retail Merchants Association has teamed up with Branch, a mobile-first technology that helps hourly workers get ahead financially. Providing a fee-free checking account and debit card, the application allows users to budget, take instant paycheck advances, and avoid unnecessary fees. By focusing on the needs of the hourly worker, Branch also helps companies attract and retain their hourly workforce, which can in turn create better customer experiences and reduce turnover.