Remove 2022 Remove Finance Remove Health Remove Retirement
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4 Ways To Financially Support Your Employees (Other Than Raises)

Allwork

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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Lessons From Past Recessions

Success

As of August 2022, the economy has already seen two months of negative GDP growth, but the National Bureau of Economic Research (NBER) hasn’t officially declared one yet. Instead of watching what the market does daily, spend some time tending to your finances so you know where you stand. Beef up your emergency fund.

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During a Recession, Entrepreneurs Are in the Driver’s Seat

Success

Waiting for the nation’s financial health to improve before you focus on your financial health is folly. You are the one with the power to change your financial health—and now is the time to change it. And companies that weren’t cutting jobs cut benefits, from retirement funds to healthcare coverage.

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Travel Blogger Karen Akpan Shares How She Journeyed From Debt to Economic Freedom

Success

This creep ultimately caused her family to lose the ability to stay on top of their finances. Even with no monthly mortgage, they still had to pay for food, gas, health insurance and other bills. Akpan’s not just open with her family about finances. But the truth is that you really can’t.”. Wow, I did nothing. I had no worries.

Travel 306
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Travel Blogger Karen Akpan Shares How She Journeyed From Debt to Economic Freedom

Success

This creep ultimately caused her family to lose the ability to stay on top of their finances. Even with no monthly mortgage, they still had to pay for food, gas, health insurance and other bills. Akpan’s not just open with her family about finances. But the truth is that you really can’t.”. Wow, I did nothing. I had no worries.

Travel 245
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How My Experience as a Black Entrepreneur Shaped My Views on Building Financial Freedom

Success

Instead, in an effort to avoid conflict altogether, they are far more likely to quit, which could have a negative impact on their earning potential, retirement account contributions, health care coverage and other financial employee benefits. This article originally appeared in the November/December 2022 issue of SUCCESS magazine.

Medical 278
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SUCCESS’ 2024 Women of Influence

Success

When she was a junior in high school, Arrington founded the nonprofit ScholarCHIPS, an organization that provides college scholarships, mentoring, mental health support and a peer support network to children of incarcerated parents. Bathurst Walk-in Clinic and Family Practice Atwal is a trailblazer in the health care industry.

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