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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

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Employers offering a range of financial support options — such as retirement planning workshops, debt management counseling, and savings incentive programs — can lead to a more stable, productive, and health-conscious workforce. businesses approximately $40 billion in lost productivity in 2022 alone. Here are some options: 1.Retirement

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

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Employee financial stability dropped almost 10 percentage points in 2022; more than half of the country’s workers are living paycheck to paycheck. According to Betterment’s 2022 Financial Wellness Barometer , 64% of respondents claim that financial wellness isn’t about saving for the future or planning for unsuspected situations.

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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.

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2023 Financial Forecast: How to Prepare for the Year Ahead

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The rate of inflation, or measure of price increases, hit the highest level in more than 40 years in 2022. Inflation likely peaked in 2022, but will probably come down only gradually in 2023—and may not get back to pre-pandemic levels by year-end, Horneman says. Consider 2022: The S&P 500, a benchmark for the U.S.

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Breaking Barriers: How to Challenge Age Stereotypes In the Workplace

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When a popular Canadian TV anchor was fired in 2022, journalists questioned whether ageism was at play. 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.

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Tori Dunlap, Founder of Her First 100K is on a Mission to Close the Gender Pay Gap

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Debt is a normal part of most people’s personal finances—according to the Consumer Credit report released by the Federal Reserve, in February 2022 Americans had $4,481 in debt on average. It is no secret that the gender wage gap continues to persist in 2022. Plan for retirement. It’s not inherently bad.

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How Sensory Design Can Create Efficient Workplaces

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Returning to the office and working in-person means employees lose control over their environment and must adapt to new situations. Workplace leaders should support this transition by creating environments that promote wellbeing, concentration, and creativity.