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Everyone’s talking about junk fees these days. Even the President chose to call them out in his State of the Union Address. One of the worst offenders is the banking industry, which makes money from overdraft, bounced checks, and credit card fees. Junk fees cost your employees money, and eat into their paychecks. But employers have a lot of power when it comes to helping employees avoid these fees, so they can keep more of the money they need to be financially healthy. Here are three ways employers can protect employees from losing money to banking junk fees:
