How Inflation Affects Your Employees’ Financial Wellbeing and Your Bottom Line
Did you know that the average cost of living has increased more than 30% in the past 10 years? It doesn’t look like it will be slowing down anytime soon. This is having a major impact on employees and their financial well-being. Fiscal stress in all industries is one of the driving forces behind mass layoffs and employee dissatisfaction.
In this article, we will discuss how inflation is affecting employees and what companies can do to help their employees save money. We will also talk about the financial wellness services offered by 101 Financial, and how we can help your employees get ahead financially.