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How Much Does Financial Illiteracy Cost Your Team?

Best Money Moves

How much does financial literacy cost your team? Financial illiteracy is a growing problem among American workers. Here’s how financial wellness can help your team thrive. Financial illiteracy is a growing problem among Americans and it could be costing your people dearly.

Finance 104
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A Two-Year Retrospective on COVID

Money Talk

Below are ten Barbservations about what I’ve noticed and experienced since COVID-19 took hold in February 2020: New Mindsets About Priorities - Many people have adopted a new “life is too short” mentality , which is informing decisions about retirements, job changes, relationships, and more. It could happen to any of us!

Finance 240
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Leveraging employee financial wellness programs in your benefits strategy

Higginbotham

American workers are stressed, and a lot of their stress may be related to money. Employers can support them by providing employee financial wellness programs that help workers manage their money and take control of their finances. These problems could cause employees to miss work, reducing their productivity.

401(k) 52
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Employee financial wellness: Why it matters in the workplace

Insperity

So, what can employers do to address these mostly external factors that can impact employee wellbeing? How do most define employee financial wellness ? trillion in debt owed by more than 40 million Americans. 44% of employees report that inflation has had a severe impact on their financial situation over the last year.

401(k) 100
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Key Insights: Employees Review Their Company’s Response to COVID-19

Achievers

In such uncertain times, how employers respond to times of crisis and communicate with their staff matters. Whether leaders took control over what they could or avoided anything pandemic-related, how did employees rate their company’s handling of COVID-19? Employees’ perceptions of their employer.

Software 121
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First There Was Quiet Quitting. Now There Are Bare Minimum Mondays.

Griffin Benefits

It's essential for employers to understand this trend so they know how to support employees' well-being and, in turn, reap the benefits of a healthy workforce. We’ll also provide guidance on how employers can use this trend as an opportunity to understand and meet employee needs.

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Supporting employee wellbeing with employee assistance programs

Higginbotham

By offering employee assistance programs (EAPs), employers can help support employees and their family members while fostering a productive company culture. Although employers have recently developed an increased focus on supporting overall employee well-being , employee assistance programs are not exactly new.