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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

Allwork

Financial wellness programs can help alleviate financial stress and improve overall employee well-being by providing education, resources, and tools for effective financial management. Offering resources that improve financial literacy and wellness supports and empowers employees in a business. Here are some options: 1.Retirement

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Half of U.S. Full-Time Employees Plan to Defer Retirement Due to Financial Reasons

Small Business Labs

There's a lot of good information in the study. It shows that 52% of the full-time employees surveyed said they plan to postpone their retirement due to their financial situation. We've long often covered the trend towards delayed retirement ( see our baby boomer section for many articles on this topic ).

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

Allwork

Employers can use this scale to check on employees during transitional periods (such as parenthood, relocation, divorce, and retirement), as significant life changes often correlate with increased loneliness. Implement Mentoring Buddy Programs: Pair employees across generations to facilitate knowledge sharing and relationship building.

Health 290
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How Financial Wellness Programs Can Benefit Employees and Employers

Success

Gone are the days when new employees received a list of the company holidays during onboarding and a packet with information about how to sign up for health care and retirement benefits. Employers are now providing a broader suite of benefits and are increasingly recognizing the importance of financial wellness programs for employees.

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Lawsuits, Lost Expertise And Bad Morale: The Steep Risks Of Ignoring Older Employees

Allwork

Age discrimination occurs when a manager or boss treats an applicant or employee less favorably due to their age, which applies to younger people with less experience as well as older people who are close to retirement age. Your senior leadership team and human resources team both need to make the ageism discussion a priority.

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The 10 Best Books on Personal Finance

Success

Retire Before Mom and Dad: The Simple Numbers Behind A Lifetime of Financial Freedom. In Retire Before Mom and Dad , Berger breaks down his easy-to-understand tips to help readers begin their journey toward understanding the world of finances. And what steals away more of our time than work?

Finance 246
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What Is a Health Savings Account?

Success

On this week’s episode of the rich & REGULAR podcast, Julien discusses his decision to have a vasectomy, and shares some more information on health savings accounts. If you plan to invest these funds, work with a retirement professional or an HSA custodian who can help you make the most of your investment. What is an HSA?

Health 278