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How Financial Wellness Programs Can Benefit Employees and Employers

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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. A financially content, non-stressed employee stays at their employer longer,” he says. “We Such benefits can yield significant results.

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Breaking Barriers: How to Challenge Age Stereotypes In the Workplace

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Its ripple effects are especially felt among professional female managers and employees. Harvard Business Review released survey findings that uncovered just how pervasive gendered ageism is. The survey revealed that women, both young and old, were likely to face ageism throughout their careers. What is ageism?

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The Biggest Financial Mistakes to Avoid in Your 20s

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In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds. For example, Raimondi says 20-somethings should make sure their debt is managed and that they are paying it down consistently. It comes down to an individual’s values and goals.

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

Allwork

Before the pandemic, an AARP survey showed 61% of people ages 40 to 65 had either seen or experienced ageism in the workplace. More than 80% of hiring managers say that they are concerned about taking on employees 60+, or younger than 25. If you have that conversation, introducing the retirement conversation will be much easier. .

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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. . Employee financial stress is at an all-time high, according to HR Morning. For employees, finances are actually the top source of stress — even more so than health or family issues. .

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

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When humans are under unrelenting pressure, everyday stresses can morph into a debilitating state called burnout, and avoiding burnout is vital to stay on top of your mental and physical health. . According to a Morning Consult survey of 1,300 people who quit their jobs in the last year, 63% stated that money was their main concern. .

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The Biggest Financial Mistakes to Avoid in Your 20s

Success

In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds. inline-ad-banner offer=”boost-income”] For example, Raimondi says 20-somethings should make sure their debt is managed and that they are paying it down consistently.