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Investing in Employee Financial Wellness: A Win-Win for Companies

PeopleStrategy

While you work to achieve company-specific goals such as employee retention, you also can foster a holistic work environment that addresses employee well-being. Now, let’s shift our focus to a topic that hits closer to home for every employee: financial wellness.

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7 Employee Benefit Trends that are Set to Dominate in 2024

Empuls

This shift has been accelerated by technological advancements and a growing understanding of the importance of work-life balance. These programs often cover a range of issues, from stress management to financial counseling. In recent years, the traditional 9-to-5 office model has undergone a significant transformation.

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Strength Through Financial Wellness

Flimp Communications

There are five basic contributors to financial wellness. Financial counseling , especially from professionals, can help people understand and manage the first two. And the human resources department can aid employees to strengthen their financial lives, starting with teaching budgeting and expense tracking.

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57 Stellar Ways to Reward Employees for Good Performance & Acknowledging Employee Dedication

Empuls

Flexible work arrangements Offer employees the flexibility to choose their work hours, work remotely, or have compressed workweeks. Health and wellness initiatives Implement programs that promote employee well-being, such as on-site fitness classes, meditation sessions, or access to mental health resources.

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