Saving at Work for a Rainy Day: Perspectives from Employees

Many companies are considering employee financial wellness as part of their benefits and compensation strategy. Helping workers build emergency savings is one tactic that is gaining popularity. The AARP Public Policy Institute fielded a national survey to test the appeal of a payroll-deduction rainy day savings program among employees. The survey also identified the program features that are most important to workers. On September 20, 2018, leading behavioral economist Warren Cormier reviewed the survey findings. A discussion with providers and policy experts followed.

Detailed survey findings (PDF)

Blog: Employees want help from their employers to save for a rainy day

Related resource: Saving Over a Lifetime

Speakers:

·       Warren Cormier, CEO, Boston Research Technologies; Executive Director, DCIIA Retirement Research Center

·       Greta Engle, Vice President Employee Benefits, USI Insurance Services

·       Catherine Harvey, Senior Policy Advisor, AARP Public Policy Institute

·       David John, Senior Strategic Policy Advisor, AARP Public Policy Institute

·       David Newville, Director of Federal Policy, Prosperity Now

·       Will Sandbrook, Executive Director, NEST Insight