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4 Ways To Financially Support Your Employees (Other Than Raises)

Allwork

The recent Workplace Wellness Survey by the Employee Benefit Research Institute ) blames inflation for workers’ poor financial health, as 80% of respondents said that debt and an inability to plan for the future is “ a problem.” Unfortunately, this just isn’t the case.

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New study reveals deteriorating employee wellbeing and eroding trust in employer efforts

Workplace Insight

31 percent would like to see more robust wellbeing benefits introduced within their company Mental wellbeing Personal finances (59 percent) and job challenges (55 percent) rank as the top sources of stress, while 29 percent of employees say their mental health has declined due to the current economic environment.

Finance 111
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Workplace Stress Is Crushing Young Employees

Allwork

In 2022, a Bain and Company survey revealed that 61% of employees under thirty-five were most concerned about their job security and finances (compared to 41% over thirty-five). This was supported by a LinkedIn survey which found that 72% of Gen-Zers wanted to quit their jobs in December 2022.

Stress 246
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7 Strategies To Attract And Retain Top Talent

Allwork

And a survey from Greenhouse, a New York City-based hiring software provider, finds that 57% of 1,500 employees plan to still be actively looking for a new job even if a recession hits. Consider a study of managers in 20 Fortune 500 companies, which found men experiencing quicker career progress and getting better salaries.

Resume 336
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Unveiling the Hidden Potentials of Remote Work Productivity

Allwork

The National Bureau of Economic Research (NBER) highlighted a significant increase in productivity for remote work-heavy sectors like IT and finance. A survey of 3,000 workers at leading companies like Google, Amazon, and Microsoft discovered that 64% would prefer permanent telecommuting over a $30,000 salary increase.

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The Increase in Return-to-Office Mandates Could Impact DEI Efforts

Success

And a Gallup survey revealed that “six in 10 exclusively remote employees are ‘extremely likely to change companies’ if not offered remote flexibility.” This cost cutting was found through employees moving to areas with cheaper costs of living while maintaining their salaries. It cut down [on] costs for so many Americans.”

Policies 189
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Is Job Hopping Losing Its Stigma?

Office Dynamics

workers, a new Accountemps survey suggests. The survey was developed by Accountemps, the world’s first and largest specialized staffing service for temporary accounting, finance and bookkeeping professionals, and conducted by an independent research firm. MENLO PARK, Calif., Considerations. Earning higher compensation.

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