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WorkLife Partnership Blog

The snowball effect and what it means for your business

More than 40% of Americans can’t afford to cover an emergency expense of $400 or more. And for those who are just getting by, one financial setback can set off a snowball effect, causing challenges that grow in severity as they goes unresolved. When employees reach out to WorkLife Partnership, it’s rarely because they’re facing just one barrier. In fact, the average WorkLife client reports experiencing six or more barriers at once. When one challenge turns into two and two into three, your employees could find themselves up against issues that are insurmountable—unless they have support.