CHARLOTTE, NC — March 10, 2022 — BrightDime, a leading financial wellness solution, announced today that they have entered into a strategic partnership with BenefitBump, an innovative benefit navigation and return-to-work program for growing families. Through BenefitBump, family-friendly employers will have the option to access BrightDime’s holistic financial wellness platform for their employees.
“We are proud to partner with BenefitBump. Employers are heavily relying on financial wellness solutions in their benefit packages to support employees through their day-to-day and their most challenging times and cherished celebrations,” said David Stedman, CEO of BrightDime. “By partnering with BenefitBump, we are able to offer family-friendly companies an innovative financial wellness solution that gives their employees the tools they need to manage their finances effectively while alleviating money stressors.”
BrightDime’s interactive digital platform provides employees access to automated money tools and a tailored library of easy-to-understand content. Employees also receive unlimited one-on-one coaching with caring financial experts to help them with financial decisions and preparation for the future. The BrightDime dashboard tracks budgets, debt, goals, spending, and investments, so employees can take control of their finances. Considering that the cost of raising a child born to a middle-income, married couple is $267,233, and $196,984 for single parents1, BrightDime offers a viable and empowering solution for growing families to become more financially secure.
“The path to parenthood, the bonding period, and raising children are significant life and financial events,” said Scott Liebman, Founder of BenefitBump. “Not everyone is prepared, which leads to a majority of new moms returning to work before they’re ready and nearly two-thirds of parents going into debt. BenefitBump is helping parents be more planful, but that support needs to be ongoing. That’s why we’re excited to partner with BrightDime to provide an affordable and robust financial wellbeing solution to our participants.”
1. According the US Bureau of Labor Statistics: https://www.usda.gov/media/blog/2017/01/13/cost-raising-child
BenefitBump helps employees with comprehensive benefit guidance and return-to-work assistance (understanding and taking advantage of their leave and pay replacement programs, mental health resources, childcare supports and programs, and return-to-work strategies and resources) for the many paths to parenthood (pregnancy, adoption, fertility support, surrogacy, and fostering). BenefitBump serves as a hub for family-friendly benefits. Our model combines proactive human-to-human support and customized mobile resources to help participants know what to do, when to do it, and to help them get things done. For more information, visit www.benefitbump.com
BrightDime is a financial wellness solution designed to create real behavior change and enhance financial wellness for all employees, not just the executive ranks. BrightDime partners with progressive companies to integrate financial wellness into their total employee well-being strategies, leading to improved workforce productivity and engagement. BrightDime cares deeply about improving financial wellness in America, one employee at a time. For more information, go to www.brightdime.com.