Financial education is becoming increasingly popular as an employee benefit. It’s known to decrease money-related stress by giving employees control over their money instead of letting it control them. As a company benefit, financial education increases productivity and improves employee morale.
How Employee Expectations Are Changing the Workplace Today’s employees have a whole new set of expectations for the workplace. Not only is there a demand for higher pay to keep up with the cost of living, but there is also a renewed demand for respect in the workplace. Companies who don’t meet these expectations find […]
How Inflation Rates Should Prompt New Financial Benefits As of June 2022, the U.S. inflation rate has been as high as 8.6%. Unfortunately, the biggest price increases are not in the discretionary categories such as entertainment and travel. Instead, the increases are in the essentials, primarily gas, food, and housing. Workers can’t afford to cut […]
3 Benefits That Make a Difference for Employees Employees who work hard are the reason your business is successful. Happy employees mean happy customers. Often, a happy employee is the result of a stress-free financial life. As an employer, you can help your employees achieve a stress-free financial life not just by providing a paycheck, […]
The ROI of Financial Workplace Wellness Programs Businesses constantly look for ways to attract talented staff and retain the valuable team members they have. Many employee benefit programs focus on physical and emotional health to reduce stress and sickness in the workplace. An alternative solution? Financial workplace wellness programs. Financial uncertainty is a large contributor […]
What is Financial Workplace Wellness? When employees are stressed about money and worried about their financial future, they often become distracted and unhappy at work. Now we’re in the beginning of the era of The Great Resignation. Stressed employees look for less pressure and more money in the form of pay raises. Hiring woes and […]
Learning to Live a Wealthy Life Money is the #1 cause of stress in the United States. According to Thrive Global, 90% of Americans say money impacts their stress levels. And since only about 6% of U.S. households are considered “wealthy” (Millionaire Statistics), it’s no wonder wealth seems unfathomable for the vast majority of Americans. […]
The Great Resignation: How to Retain Your Best Employees It’s no secret that employees are resigning in droves. In fact, a recent study by Mental Health America found that nearly 70% of workers are actively seeking new jobs. It’s not just low-level employees who are quitting – even high-level executives are jumping ship. PWC also […]
What CHROs Should Consider for 2022 The role of the CHRO is constantly evolving. In order to stay ahead of the curve, CHROs should be focusing on financial wellness in 2022. Employee financial wellness has become a top priority for businesses over the past few years, and it is only going to become more important […]
Do you want to keep your best employees happy and productive? If so, you should be thinking about implementing employee perks in your company. They’re benefits that are offered to employees beyond their normal salary. With the expansion of businesses across the globe and the implementation of better human resources practices, employee perks have become […]
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