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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. In times of immediate need, employees may require access to a portion of their upcoming salary to cover unexpected expenses.

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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

Some of the increased health concerns reported [3] : Back Pain (51%) Headaches (44%) Insomnia (39%) Blood Pressure (33%) Stomach Ulcers (27%) Heart Attacks (6%) Severe Anxiety (29%) Severe Depression (23%) Financial stress takes a toll on health and trickles into our overall lifestyle and well-being. Reduced pressure to increase salaries.

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

Empuls

  But where exactly does each chunk of your hard-earned salary end up?    This isn't just a budgeting question – it's a question of understanding your financial reality. the list goes on.  Unfortunately, taking a deep breath and a positive attitude will not solve this problem.  

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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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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. Kate Savage: Investing in your talent – beyond salary and performance bonus is key. With the unemployment rate dropping to 3.6 percent - the lowest rate since December 1969, and the U.S.

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The Legal Aspects of Layoffs: Understanding Employee Rights

Empuls

In many cases, employees past their probation period are entitled to one week's salary for every month they've worked for the company. These benefits can provide temporary financial support while employees search for a new job. Financial counseling and wellness support are also becoming more common as an employee benefit.

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Prioritize Financial Well-being in the Workplace

Empuls

In an uncertain political and economic climate, where a sizeable proportion of the global workforce faces in-work poverty, the standard wages offered by companies aren't enough to alleviate the financial strain on employees. 💡 71% feel the cost of living is outpacing growth in their salary or wages.