How Much Do Your Employees Know About HSAs? Many companies offer robust benefits packages that include things such as employer-sponsored health savings accounts (HSAs). But a staggering percentage of employees don’t know enough about the benefits to take advantage of them. A survey by Plan Sponsor Council of America (PSCA) revealed half of employers offer […]
Saving and Investing: You Can’t Save Your Way to Millionaire Status Saving and investing are two essential aspects to a healthy financial profile. It’s important for employees to learn strategies in both areas of money management in order to be secure in their financial lives. Employees who understand and apply skills in both saving and […]
What Makes Today’s Employees Different The workplace is very different today from what it was 30 years ago, and it is very different from what it will be 30 years from now. It is ever-evolving, and much of the credit for change belongs to the workers themselves. Workers today not only encourage change, but actively […]
Financial Education Creates Options Financial education creates options. The most popular way of doing things is not the only way of doing things. An individual’s parents’ way of doing things is not the only way of doing things. Without education, people will be limited by the often narrow views passed down from others or shared […]
How Employers Can Help Recent Graduates Recruiting recent graduates is an excellent way to bring fresh talent and new skills and ideas into the workplace. But because recent graduates lack experience, they rely on their employer to help them succeed. Employers can help these new hires thrive in their new roles by offering financial education, […]
What It Means to Live Paycheck to Paycheck A staggering 64% of Americans live paycheck to paycheck, making this precarious financial lifestyle the most common in the United States. Because it is so common, many individuals do not realize there are alternatives to this lifestyle. Living paycheck to paycheck means an individual spends all of […]
Changing the Practice of Tipping The practice of tipping in America has been around for well over a century, but it remains a controversial topic. Employers, customers, and tipped workers continue to debate how much to tip and who deserves a tip. But the biggest debate is whether or not we should do away with […]
Why It Pays to Take Care of Your Employees In today’s economy, customers attach more than just monetary value to the products and services they purchase. Customers don’t strictly look at the product and the price, but they also consider what their money does once they spend it. Does their purchase contribute to a nonprofit […]
Financial Education Before Raises Wage increases are essential to helping employees keep up with the cost of living. But raises are far more effective when they are combined with financial literacy. The vast majority of U.S. workers are living paycheck to paycheck and are unprepared for a financial emergency. A staggering percentage of employees state […]
Purposeful Work A sense of purpose is one of the most important factors in a person’s work. Purpose refers to how that work affects other people and creates meaning for the individual and for the greater good. Many people derive their life’s purpose from their work. This gives employers a great responsibility to foster and […]