I’ve spent the majority of my career working in industries with large hourly workforces. And much of that hourly workforce was paid minimum wage – or just above it. As a result, when employees had financial emergencies, it impacted their work. Which means it impacted the workplace.
You might have already seen this statistic, but nearly half of Americans do not have enough cash on hand to cover a $400 emergency expense, according to the Federal Reserve’s annual report on the economic well-being of U.S. households. Keep in mind