FinFit Announces Partnership with Pilgrim’s Pride Corporation
December 07 2018 - 9:28AM
Business Wire
Multi-National Food Company Utilizing FinFit’s
Financial Wellness Platform to Improve Employee Financial
Wellbeing
FinFit, a FinTech company that provides over 125,000 employers
with a unique financial wellness benefit platform, today announced
a partnership with Pilgrim’s Pride Corporation (NASDAQ: PPC), a
leading global provider of fresh and value-added poultry and
prepared foods. FinFit’s innovative platform is now available to
Pilgrim’s U.S.-based employees, providing them with a suite of
tools and resources to improve their financial wellness, which is
proven to increase employee productivity.
FinFit and Pilgrim’s rolled out the program to the initial
Pilgrim’s locations in August 2018, and the member penetration rate
was outstanding. Twenty-two percent of Pilgrim’s employees have
already enrolled in the program and are taking steps towards
improving their financial wellbeing. More than 60% of the Pilgrim’s
employee base that have become members have taken FinFit’s
proprietary personalized financial assessment. Pilgrim’s is on
track to have more than 50% enrollment in the first nine months,
nearly double typical enrollment levels.
“Employees at every company experience the stress and concerns
that come with personal finance issues,” said David Kilby,
President of FinFit and author of The New Productivity Engine: The
compelling impact of financial wellness in the workplace. “We are
excited to see the early results of our recent work with Pilgrim’s,
whose hard-working employees have displayed a tremendous response
to our educational offerings. We’re very excited to help employees
reduce their stress levels and maintain a happier, healthier
mindset.”
As a comprehensive financial wellness program, FinFit offers
unique, easy to use personal finance tools that are tailored to
each employee. The tools include personalized financial assessments
for each employee, online education tools and credit resources,
student loan assistance, game-based education and budgeting apps,
and real-world financial solutions to assist those who do not have
enough savings to afford an emergency cost.
“Our partnership with FinFit is already producing results and
empowering our team members to take better control of their
financial future,” said Lisa Burdick, Head of Human Resources,
Pilgrim’s USA. “This innovative tool will create opportunities for
our team members to set a course for future financial success for
themselves and their families.”
FinFit provides a complete solution for companies nationwide in
order to help their employees become more financially stable and
increase workplace productivity. FinFit helps to eliminate the
stress caused by personal financial challenges and provides a path
to realistic solutions.
For more information on FinFit’s partnership with Pilgrim’s,
please visit www.finfit.com.
About FinFit:
Founded in 2008, FinFit has grown to be one of the nation’s
largest financial wellness benefits servicing over 125,000 clients.
FinFit provides a self-directed online experience that lets
employees measure their financial fitness and provides fun,
education resources and tools to increase their financial knowledge
and drive results. FinFit helps to eliminate stress in the
workplace by providing real-time solutions that offer real-world
help when it is needed most. FinFit is a powerful way for employers
to attract and retain talent by helping employees get focused, get
healthy and become more productive.
About Pilgrim’s Pride:
Pilgrim’s employs approximately 51,300 people and operates
chicken processing plants and prepared-foods facilities in 14
states, Puerto Rico, Mexico, the U.K., and continental Europe. The
Company’s primary distribution is through retailers and foodservice
distributors. For more information, please visit
www.pilgrims.com.
FinFit Loans are issued by Celtic Bank, a Utah-Chartered
Industrial Bank, Member FDIC
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181207005251/en/
FinFitPress Contact:Kim Miller,
757-578-1184kmiller@finfit.com
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