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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

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High financial stress among employees, including those with high incomes, can lead to mental and physical health impacts, which cost businesses in lost productivity. Financial stress impacts worker well-being, both mentally and physically Financial wellness and literacy are critical for the economic stability and peace of mind of employees.

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Employers Beware: There Are Rising Legal Risks Of Rigid RTO Policies

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This case emphasizes the importance of ADA compliance and the need for employers to be flexible and consistent in accommodating employees, especially in changing work environments. This statistic is particularly striking when compared to the 43% who expressed a reduced likelihood of retiring if given the option to work remotely.

Legal 293
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5 Ways Gen Z Will Shape Worklife In 2024

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The retirement of Baby Boomers (born approximately between 1946 and 1964) is ongoing, but not all Boomers will have exited the workforce by 2024. Millennials, while still maintaining the majority, will witness Gen Z’s rising influence as they bring fresh perspectives and values into professional environments.

2024 274
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Breaking Barriers: How to Challenge Age Stereotypes In the Workplace

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Even practices such as looking at yourself in the mirror or reflecting on the positive aspects of getting older can help you learn to stress less. By challenging age stereotypes and advocating for a more inclusive environment, they not only pave the way for their own advancement but also create opportunities for others, regardless of age.

2024 263
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The Silent Crisis Of Workplace Loneliness: 9 Ways To Foster Genuine Connections At Work

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Business leaders can play a crucial role by adopting strategies designed to nurture authentic and meaningful relationships among employees, fostering a supportive environment across all levels of the organization. Leading by example , employers must cultivate an environment that prioritizes acknowledging and addressing loneliness.

Health 284
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4 Ways To Financially Support Your Employees (Other Than Raises)

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This is a stark reminder of how different working environments prioritize financial wellness, and the lasting effects of inflation. Offer retirement savings plans From the same Betterment survey, 35% of respondents claimed that their employers only started offering a 401k in 2022.

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8 Pieces of Financial Advice for New College Graduates

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College graduation is exciting and stressful as you look for a job and start work in your chosen field. You may need to create rules for yourself, like that a percentage of your paycheck needs to go toward retirement savings before you can buy something just for fun. 30% is for wants, like entertainment, eating out or travel.