Industries We Serve
Retail & HospitalityFor Black Hills Retail & Hospitality Teams
Part-time hours. Variable tips. Thin benefits and sky-high churn. Financial stress doesn't stay at home — it drives no-shows, disengagement, and exits to whoever posted a job listing this morning. FundWise gives your team tools to get ahead financially — and reasons to stay.
The real problem
Retail and hospitality churn is expensive — and financially driven
The Black Hills retail and hospitality sector sees some of the highest annual turnover rates of any industry. Most of it isn't driven by bad management — it's driven by employees who can't make ends meet and jump at any marginal pay increase.
Retail turnover exceeds 60% annually — the line item you're not tracking
BLS data shows retail and hospitality turnover routinely exceeds 60% per year. Replacing a part-time floor associate or server still costs roughly 33% of their annual salary once you count recruiting, onboarding, and the productivity gap while they ramp.
BLS turnover data / SHRM cost-to-replace
Financial stress drives no-shows and disengagement
Money problems don't stay at home. A hourly worker facing a financial crisis is a worker who misses shifts, disengages on the floor, and takes the first job that offers a marginal raise — leaving you short-staffed on your busiest days.
Financial Health Network: $4,257/employee/year lost to financial stress
Thin benefits packages aren't an excuse — they're an opportunity
You may not offer a 401(k) match or full health coverage. But financial coaching is a benefit you can actually provide — and it signals to employees that you see them as people worth investing in, not just headcount on a schedule.
SHRM: financial wellness ranks among the most-valued voluntary benefits
How FundWise helps
Practical financial skills for employees living paycheck to paycheck
Retail and hospitality workers need financial education that meets them where they are — not webinars built for salaried professionals. FundWise group sessions are live, conversational, and explicitly built for hourly and variable-income earners.
Module 2Top Pick
Reducing Financial Stress at Work
Gives hourly workers practical frameworks to interrupt the anxiety loop that follows them onto the floor — recognizing stressors early and taking one concrete step instead of spiraling.
Module 5
Budgeting for Variable Income
Tips and commissions don't arrive on a predictable schedule. This module teaches the variable-income budget framework: setting a baseline from your lowest week, buffering during strong weeks, and never getting caught flat.
Module 3
Debt Management & Credit
Many retail and service workers are managing credit-card debt or payday loans that consume paychecks before rent is due. Covers payoff prioritization, how interest really works, and how to break the borrowing cycle.
Module 4
Building an Emergency Fund
A $500 emergency fund is the difference between a manageable car repair and a no-show spiral. Employees learn to build one small win at a time — even on a part-time paycheck.
See the numbers
What's your annual turnover really costing you?
Retail and hospitality have the highest turnover multipliers of the industries we serve. The calculator preloads retail multipliers and shows your estimated annual cost — and how much FundWise could save you in a single year.
Calculate Your ROIMore industries