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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

Allwork

High financial stress among employees, including those with high incomes, can lead to mental and physical health impacts, which cost businesses in lost productivity. This discrepancy highlights a critical gap in support that could otherwise enhance employee engagement and productivity.

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Tips and Resources to Scale Your Small Business

Success

First, you need to understand what service or product you want to sell and figure out who your customers are. Wells Fargo offers a free business planning resource on our website, but you can also contact a CDFI [ Community Development Financial Institution ] in your area. Small Business Administration (SBA).

Finance 290
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Preparing for a Smooth Transition: 4 Tips for Retiring Administrative Professionals

All Things Admin

Now you’re finally retiring from the workforce. Retirement is an exciting phase of life. Tip 3: Communicate Your Retirement Timeline You didn’t just wake up one day and decide to retire. Your executive and colleagues need to make a plan, too, so don’t wait until the last moment to spring your retirement on them.

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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. We want them to be productive and happy and creative and we don’t want money stress to get in the way.” Employees are more productive at work.

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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 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 to Know If You’re Financially Ready to Start a Business

Success

How would you describe your product or service offering? Are you currently earmarking 15% to 20% of your income for retirement? But if you’re starting a business, then you generally won’t have income to put toward retirement at first. (And those are only some reasons you should create a business plan.).

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