Remove Budget Remove Cost Remove Environment Remove Retirement
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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. The implications of such financial distress are profound, costing U.S. businesses approximately $40 billion in lost productivity in 2022 alone. Here are some options: 1.Retirement

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7 Apps to Teach Kids About Money

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Budgeting and building credit are only the beginning—you also have student loans, mortgage rates and maybe even cryptocurrency and non-fungible tokens (NFTs). A 2017 study found that disparities in financial literacy may account for as much as 40 percent of the wealth gap between those retiring with more and those retiring with less.

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Who’s Stuck With The Bill?

Allwork

The rise in working remotely comes with several costs, which include internet subscriptions, computers and office equipment, home office furniture, security, insurance, and software. There are various models that companies are using to cover these costs of working remotely. What are the costs associated with working remotely?

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8 Pieces of Financial Advice for New College Graduates

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Following a financial independence plan, which includes a savings system and budget, will be the key to chasing your goals while maintaining a roof over your head and food in the fridge. Before opening accounts or building budgets, spend a little time reflecting on your patterns. Start an emergency fund.

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3 Steps to Take Before Going Into Business for Yourself

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Next, you’ll need to consider your current company benefits such as health insurance and retirement plans. Additionally, many companies offer a retirement plan and match employees’ contributions. That’s free money going toward your retirement that you’ll need to start saving yourself. Create a plan. Work with professionals.

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The UK workplace sector reacts to the Spring Budget 2023

Workplace Insight

Today the UK’s Chancellor of the Exchequer, Jeremy Hunt presented his Spring Budget to the House of Commons. This funding has the potential to enable millions of parents and carers—who otherwise would have been pushed out of work due to prohibitive costs—to join and progress in the labour market.

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

Allwork

This is a stark reminder of how different working environments prioritize financial wellness, and the lasting effects of inflation. They teach employees how to budget, plan, and prepare for anything. Debt consolidation programs, while a bit more complicated, are possibly the largest benefit you can provide for your employees.