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How HR Can Help Employees Facing Financial Hardship?

Hppy

Financial Education and Resources Research indicates that offering financial education and resources in the workplace can yield significant benefits for both employers and employees. Encouraging employees to save and invest wisely can be part of a broader financial wellness program.

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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. What employers offer for insurance and benefits packages is crucial for long-term financial wellness as retirement accounts and employer contributions come into play.

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Financial Wellness Series Part Three – The Link Between Financial Stress, Health and What Employers Can Offer to Have an Impact

AssuredPartners

Reduced Human Resources costs, not having to deal with processing wage garnishments and requests for payroll advances and 401(k) loans, etc. Reduced exposure to future litigation based on fiduciary liability as fewer retirees have financial problems. 12] Workplace Financial Education Improves Personal Financial Wellness, E.

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Engage new hires by telling your organization’s story

Business Management Daily

Dedicate time and resources. Armando Lopez, executive director of human resources at Ramsey Solutions , states that his company devotes about 75 percent of their two-day onboarding to storytelling. Games, videos, and other creative methods can be wonderful for sustaining interest.

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Employee Benefit: A Strategic Investment for Attracting and Retaining Top Talent

Empuls

  Why employee benefit matter  According to a Society for Human Resource Management study, 60% of employees prioritize employee benefit when deciding to stay with their current employer. Comprehensive employee benefit packages are increasingly becoming a deciding factor in job satisfaction and happiness. 

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Which Job Perks Do Employees Value?

HR Digest

job market the tightest it has been in half a century, human resources managers are struggling to attract and retain top talent. With the unemployment rate dropping to 3.6 percent - the lowest rate since December 1969, and the U.S. While some businesses, like JPMorgan Chase & Co.,

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Support Your Employees’ Financial Health

eni

Financial Counseling – Connecting employees with Financial Professionals allows them to seek guidance as they experience specific challenges. Those that choose to meet with a counselor can move forward with a road map toward financial stability.

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