Almost 50% of Canadians report living pay cheque to pay cheque. Which to us is crazy. So, it doesn’t matter if you’ve created a supportive environment in your organization, there’s still is a dark, looming cloud over your employees: debt.
payd knows financial insecurity is a top stressor for Canadians. Not only can this lead to serious mental illness but it’s also bad for your business. That’s why we’ve created payd for business – a way to help you help your employees pay off their debt with ease
Those are some big losses. Investing in a program to help your employees manage their finances, repay student loans, and achieve their goals will create an estimated ROI of 4x for your business.
The payd app is North America’s education-focused savings solution. We help employees pay their debt, whether it is student loans, a mortgage, or credit card debt, in four simple ways.
In our corporate matching program, we utilize our 6-month discovery program to identify the savings patterns and aggregate amounts of your employees spending to help design a program that fits your budget, but most importantly provides value to your employees. This program can be used for:
Contribute to crushing your employees’ debts, including student loan repayments.
Contribute to your employees’ savings goals for an emergency fund, homeowner fund, or even a vacation fund.
Build employee wealth through an RRSP or other savings program matching.
Leverage rewards to pay off the student debt and savings for RRSPs and other goals of your employees.
Does reducing financial stress for your employees sound like something you can get behind? Contact us today for our affordable pricing options.