“We are experiencing unprecedented times around the world,” said Dan Macklin, US CEO, Salary Finance said. “With many people experiencing financial uncertainty and hardship, we are relieved to know that, through SpringFour, we are still able to provide additional services to people in need. In our recent study over nearly 3,000 US workers, we found that more than 40 percent were dealing with financial stress – a percentage that has undoubtedly increased since the beginning of the health crisis and the economic fallout we are currently living through. While affordable credit access is not as easy to come by in a down economy, we want to ensure that every Salary Finance customer is able to make strides toward financial dignity.”
SpringFour’s S4pro technology provides easy access to local financial resources that Salary Finance customer service agents can share with consumers who need financial assistance. The cloud-based tool enables Salary Finance to provide customized service and referrals with real-time access to thousands of local resources for employees of partnered employers who are experiencing financial hardship. Employees can contact Salary Finance’s customer service team to discuss options they have for financial relief and are provided with a list of resources that have been vetted by SpringFour. Last year alone, SpringFour saved referral customers thousands of dollars each in areas like prescription medication, utility bills, and groceries.
“These are uncertain times and the financially vulnerable population in the United States is growing. In partnering with Salary Finance, we have an enormous opportunity to make a positive impact on people’s lives and ease the financial stress they are feeling,” said Rochelle Nawrocki Gorey, co-founder and CEO, SpringFour.
About Salary Finance
Founded in 2015, Salary Finance is an award-winning organization that partners with employers to offer financial wellness solutions that help employees improve their financial lives. A company underpinned by a social purpose, we’re driven by an ambitious mission in the US: to help 10 million Americans out of debt and into savings. Salary Finance is a United Way Worldwide corporate partner and works with over 500 of the world’s leading employers. To learn more, please visit www.salaryfinance.com/us. Salary Finance branded loans are offered by Axos Bank®, Member FDIC.
Katie Gottschall Donohue
Vice President, Strategy and Customer Engagement, SpringFour