Calculate the impact for your business

For employers, the research* is clear, offering your employees an ESA improves retention and productivity, resulting in a substantial economic benefit. Here’s what you need to know before you get started:

SecureSave programs achieve an average of 20-80% adoption thanks, in part to program simplicity.
60%
Adoption
A little goes a long way. Employers match between $1-$25 per paycheck. Employees tend to contribute 8X that.
$5
paycheck match
An estimated rate of adoption is applied to Company Size. Actual adoption may vary. Read more below.  The return on investment results are estimated based on research surrounding financial stress and its impact on retention and productivity. Actual results may differ. See linked sources below. Please reach out to us for a more detailed breakdown of SecureSave's potential impact on your business.

About this calculator

Adoption rate assumption
An adoption rate is applied to your company size to estimate the SecureSave participant base. Actual adoption of SecureSave customers ranges between 20% and 80%. This calculator assumes a 40% rate of adoption which increases as the program design amounts increase. At the time this calculator was created, the average rate of adoption among SecureSaves customers was 60%. Actual adoption rates vary. All results should be considered as estimates and not utilized verbatim in budgeting exercises.
Employee contribution assumption
When enrolled in a SecureSave program, employees contribute to their emergency savings automatically from each paycheck. This contribution is configured by the employee. Additionally, the employer has the ability to set a defaults that encourage savings behavior. This calculator assumes a $25 per biweekly paycheck employee contribution that increases marginally as the average salary is increased.
Employer contribution (annual) result
This is the total annual amount the employer can expect to contribute to their employees’ savings over the course of a year. It takes into account biweekly paycheck matches and signup bonuses that would be paid out to all employees participating in the SecureSave program. This takes the adoption rate assumption into consideration.
Employee financial wellness results
This is the total amount that could be saved for emergencies by your employees. It includes the assumed employee contribution amount as well as the employer contribution (paycheck match and signup bonus) that you select while designing the program. This takes the adoption rate assumption into consideration.

Financial stress is costing employers*

Industry research consistently proves that finances cause stress, which negatively impacts work performance. This idea is what drives the long-term return on investment results in this calculator. By alleviating financial stress for your employees, you’ll see an improvement to retention, reductions in distraction, and increased productivity.

1 Financially-stressed employees are 2.2 times more likely to seek employment elsewhere. - Benefits Pro

2 Nearly half of workers who are distracted by financial concerns spend three hours or more each week thinking about or dealing with personal financial concerns. - WellRight

3 Cash strapped employees are 5.8 times more likely to miss deadlines and 4.9 times more likely to produce lower quality work. - PWC

Design your SecureSave program

What makes an effective program
SecureSave programs achieve high rates of adoption in comparison to other employee benefits. A main reason for this is simplicity and ease of use. We encourage employers to keep their programs simple as well. We recommend selecting round, whole dollar amounts that are easy to communicate to the employee base. For example, “set aside $25 from each paycheck and we’ll give you $5.
Biweekly paycheck match
This is the fixed dollar amount that you will pay each participating employee every payroll period. This calculator assumes a biweekly payroll cycle, but SecureSave is configurable to any payroll schedule. In an actual SecureSave deployment, employees must save a specified minimum (e.g. $5.00/paycheck) to qualify for the paycheck match.
Signup Bonus
This is a one-time bonus that you contribute to your employees’ emergency savings balance when they enroll in your program. This is typically offered to boost initial adoption.Higher biweekly paycheck match and signup bonus amounts lead to higher adoption.Additional program design options are available in SecureSave. They have been left out of this calculator for simplicity.

Take the next step

Get in touch with our team and we'll be happy to dive into the details with you.