Noodles & Company to start offering financial tools
Noodles & Company, known for serving noodle and Zoodle dishes from around the world, will roll out a suite of financial wellness tools this week to help its nearly 10,000 team members get paid early, organize and budget their money, and plan ahead with savings features.
The new tools will be accessible via a mobile app and are the latest addition to Life@Noodles, Noodles’ comprehensive team member benefits package full of “restaurant industry firsts” including parental benefits like $10,000 for adoption assistance; paid paternity leave; phase out to maternity leave and phase back into work at an 80% schedule for 100% pay; and 100% pay for six weeks of maternity leave.
“We wanted to offer more than the basic Instant Pay service some restaurant companies are trying out. With our new financial wellness package, team members can benefit from InstaPay plus set aside funds for something special and create longer-term financial goals. As we have grown our comprehensive benefits package over the past few years, we’ve remained focused on finding a solution to help better equip our team members with the tools they need to establish financial wellness and literacy. In testing this program, team members anecdotally shared that the app encouraged them to save for the first time in their adult lives, and we think this program will serve as a resource in helping team members with their immediate needs while also helping them plan and prepare for the future.” – Sue Petersen, Vice President of Human Resources at Noodles & Company.
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