Do you have dreams of an early retirement and traveling the world? How fun would that be to get up and go whenever you want, and take a trip to Europe, Asia, the Caribbean or of course Las Vegas! How about this one… being able to sleep as much as you want, whenever you want, […]
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 […]
The role of the CHRO is constantly evolving, and in order to stay ahead of the curve, they 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 in the future. In this […]
Employers stand a better chance at retaining their staff when offering them financial wellness benefits and access to other new and emerging benefits. The Society for Human Resource Management (SHRM) reported that on average it costs a company 6 to 9 months of an employee’s salary to find a replacement. Let’s look at an example. […]
The average global literacy rate for 2021 is 86.3%. This is good news, as literacy is directly related to economic growth and stability. However, financial literacy rates are in stark contrast to conventional literacy rates. A study done by Bankrate revealed that 25% of Americans have no emergency fund at all, with 38% of Americans […]
Employee health and wellbeing is a top priority for HR professionals. It can be easy to spot physical illness or signs of stressed behavior in someone, but not all issues are quite so apparent. Financial distress can be harder to identify but is increasingly common and leads to a lack of productivity and absenteeism. Many […]
Following a pause that began in March 2020, an announcement was made that borrower will be resuming federal student loan payments beginning late January 2022. While millions of borrowers were able to defer payments over the last year and a half, hopes of a broader student loan forgiveness plan have not come to fruition. As […]
Your employees work hard for you. They’re the reason your business is successful. Happier at work initiatives have proven results – happy employees mean happy customers. Often a confident happy employee means a happy financial life. But can you as a human resource practitioner afford to constantly give raises? By changing your employee’s money habits […]
After nearly two years of challenging circumstances across many industries, workers have decided that simply having a job is not enough to feel successful. Employees want more flexibility, better treatment, and are willing to shop around for potential employers to get what they’re looking for. The Great Resignation describes the phenomenon of millions of workers […]
Businesses constantly look for ways to attract talented staff and simultaneously retain the valuable team members they have. Many workplace-sponsored support programs focus on physical and emotional health to reduce stress and sickness in the workplace. An alternative solution? Financial workplace wellness programs. The ROI of financial workplace wellness programs is extremely compelling. Financial uncertainty […]
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. Strains on supply chain, hiring woes, and more […]