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Demystifying Financial Jargon

Money Talk

For example, $100 at the beginning of the year buys less than $100 at the end of the year. If a savings account earns 1 percent interest during a year with a 5 percent inflation rate, you lose 4 percent of the purchasing power of the money in savings. It is updated monthly. ups and downs in prices) of investments.

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Employee Retention Metrics: Measuring the Key to a Thriving Workforce

Vantage Circle

For example, if resignations spike at a certain time of the year, it is fair to expect this trend to continue. They can also recruit to make up for an expected shortfall in staff. It can be a monthly, quarterly, and annual metric. We can keep tabs on retention in real time by tracking these aspects of employee retention.

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The State of American Financial Wellness and Financial Stress, 2022

Best Money Moves

One- third of those earn more than $100,000 per year, but still struggle to make ends meet. Household debt climbed past $16 trillion in the second quarter, with credit card balances surging 13% in the past year. 42% of full-time employees struggle to pay household expenses on time each month. Generational Financial Stress.

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4 Benefits of Employee Rewards for a Business & Examples of Companies Implementing Them

Empuls

Retention Between posting a job description, screening resumes, interviewing candidates, negotiating packages, and paying referral or signing bonuses, the cost of finding a new employee keeps adding up. Meijer, a U.S. The writing on the wall is clear: Take care of your employees. They will take care of your customers.