Unless this is pretax money, I only see downsides to this versus just opening a regular account at your bank yourself and using your direct deposit allocations.
I could see a case for, like, emergency fund matching. But straight up having your boss control your money? No way in hell are so many workers asking for that. I am highly suspicious of their numbers.
Well, it probably wouldn’t be under the company’s control. My company goes through Fidelity for the retirement account, for example. Even if I leave the company I still have access.
True, but you also need the right to take time whenever you want without fear of losing your job. There is some negotiation of exactly how many days in a year your employer is willing to let you take off, regardless of whether or not they are paid.