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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. businesses approximately $40 billion in lost productivity in 2022 alone. The implications of such financial distress are profound, costing U.S.

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Worker Confidence Defies Slowing Wage Growth Trends

Allwork

employers offering key benefits like health insurance and retirement contributions. According to Morning Consult, this is particularly prevalent in relatively low-skill industries including food & beverage, leisure & hospitality, and retail. Despite this, U.S.

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Women Need To Kick The Hustle Habit — Their Success Depends On It

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The idolization of workaholism and the mindset that you should always be working and being productive has adverse mental and physical health effects. . As of 2022, 50% of executive women and 70% of all female employees report feeling extreme burnout, largely due to imbalances in housework, caregiving, and office work. .

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“Boss Loss” Is Looming: What Is It, And How Does It Impact The Future Of Work?

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The new 2022 KellyOCG Global Workforce Report uncovers the disconnect between evolving employee expectations and the support firms provide. Firms are not going far enough or fast enough to achieve diversity, equity and inclusion and support employees’ mental health. Another reason executives are quitting?

Health 299
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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. What are my basic monthly living expenses (including food, shelter, health insurance, utilities, phone, transportation and childcare)? Beef up your emergency fund.

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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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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 279