How SupportPay Is Helping Employers Solve the #1 Cause of Stress: Family + Finances
If you ask employees what’s stressing them out the most, the answer might surprise you. It’s not just work deadlines, it’s not just health concerns—it’s family and finances.
In fact, family financial stress is the #1 hidden cause of employee absenteeism, disengagement, and burnout. And yet, most benefits programs completely overlook it.
At SupportPay, we’re changing that. We’re pioneering Modern Family Finances: a new approach to financial wellness that helps employees coordinate shared financial responsibilities across households. For employers, this means finally addressing the true source of stress that’s been quietly draining productivity.
The Problem Employers Can’t Afford to Ignore
Here’s the reality your benefits program might be missing:
90% of employees are managing family finances beyond their own—whether it’s co-parenting, eldercare, or blended family expenses.
They’re using spreadsheets, texts, and payment apps to coordinate bills, which is messy, inefficient, and stressful.
This unstructured system leads to conflicts, delayed payments, and emotional burnout.
Employees are exhausted from tracking down payments, proving who paid what, and constantly managing reminders and disputes. And this mental load? It’s coming with them to work.
The Hidden Cost of Ignoring Family Financial Stress
When family financial stress goes unaddressed, the impact is clear:
Absenteeism spikes: Employees take time off to deal with family financial issues.
Productivity drops: Stress makes it hard to focus and stay engaged.
Healthcare costs rise: Stress is a known driver of health issues, from anxiety to chronic conditions.
Retention suffers: Employees leave in search of better support for their personal lives.
Traditional financial wellness tools—like budgeting apps, financial literacy programs, or retirement calculators—aren’t enough. They don’t address the real problem: families need help coordinating money across households.
SupportPay: The Family Financial Wellness Solution
SupportPay is the first and only solution designed specifically to help families manage shared finances. We:
Automate expense tracking, payments, and records across multiple households
Provide certified, legal-grade documentation for taxes, legal purposes, and disputes
Eliminate emotional labor by handling reminders, follow-ups, and communication
Boost credit scores by reporting verified family support payments
When employers offer SupportPay as a family financial wellness benefit, they see real results:
25%+ employee utilization—far above the 3–5% typical for voluntary benefits
Up to 83% time savings per week for employees
10–30% reduction in absenteeism
Improved retention and stronger employee relationships
The Future of Financial Wellness Is Here
Financial stress isn’t just an individual problem—it’s a family problem, and it shows up at work. SupportPay helps employers end family fights over money, reduce workplace stress, and create a culture of care that attracts and retains top talent.
It’s time to expand your benefits beyond budgeting and start addressing what really matters: supporting employees where they need it most.
Learn more about how SupportPay can transform your workplace at supportpay.com/employers.
Let’s end family fights over money—together.
