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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. Employees suffering from financial stress are more likely to experience symptoms of depression, anxiety, and other mental health disorders.

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

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When people feel lonely in their personal lives, it almost always infiltrates their workplace experience. Addressing Workplace Loneliness at the Organizational Level The loneliness epidemic demands urgent commitment , prompting the need for designated champions within organizations to drive action.

Health 289
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2 in 5 Employees Say A Raise Is The Answer To Preventing Burnout

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There are many reasons why workplace burnout is on the rise, and the recent pandemic has certainly exacerbated the issue. . With high levels of worker burnout caused by discontent in the workplace, employers might be curious to see whether or not salary has an effect on burnout rates. . Key Study Highlights : .

Salary 306
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Want to Retain Your Team? Offer Financial Well-being Programs

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77% of employees say financial stress is affecting their mental health, and 52% said it’s impacting their physical well-being. . There are ways in which workplace leaders can improve the lives and financial wellness of their workers. . Employee financial stress is at an all-time high, according to HR Morning.

Finance 290
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Women Need To Kick The Hustle Habit — Their Success Depends On It

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More than 50% of women plan to quit their jobs in the next two years — citing workplace stress as a main factor, according to Deloitte. . The idolization of workaholism and the mindset that you should always be working and being productive has adverse mental and physical health effects. .

Stress 264
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5 Ways Gen Z Will Shape Worklife In 2024

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As Gen Z (born approximately between 1997 and 2012) matures and enters the workforce, they bring with them a set of values , preferences , and technological fluency that has the potential to shape the workplace significantly. workforce next year, according to a Glassdoor trend forecast report. Social awareness is a hallmark of Gen Z.

2024 279
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How To Personalize Employee Benefits For A Better Future

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High inflation, evictions, rising healthcare costs, layoffs and the threat of a recession are leaving companies on high-alert as they simultaneously reevaluate what the modern workplace looks like. . By supporting employees’ financial, mental and physical health, leaders are more likely to see a return on their profits. .