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Want to Retain Your Team? Offer Financial Well-being Programs

Allwork

77% of employees say financial stress is affecting their mental health, and 52% said it’s impacting their physical well-being. . 77% of employees have said it’s affecting their mental health, and 52% said it’s impacted their physical well-being. This can be prohibitively expensive for some, especially if you have dependents.

Finance 290
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How Employers Can Support Employees Going Through Menopause at Work

Success

“The average age of menopause is 51 years and symptoms become prevalent up to 10 years prior to onset,” according to Catherine Hansen, MD, OB-GYN and telehealth MD at Pandia Health. It’s just one extra expense that I can’t really afford, but need!” Why do we not have more support from medical aid?” In the survey, 10.8%

Medical 159
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4 Smart Money Moves to Plan for Financial Security

Success

A survey by Insider and Morning Consult from 2019 showed that millennials were more likely to put off buying houses, making career moves, undergoing medical procedures and even getting hitched—all because of cash-related reasons. So only adjust your emergency fund if your monthly expenses increase, you get a raise, or you gain dependents.

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16 Rich Habits

Success

Try to stash six months of living expenses in an emergency fund in case you lose your job or your business goes belly-up. Whether you fear change, making mistakes, taking risks or simply failure, conquering these emotions is about leaning in just a little until you build up confidence. It’s amazing how much confidence helps.

Mentoring 317
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The UK workplace sector reacts to the Spring Budget 2023

Workplace Insight

Other key announcements A £400m investment to increase the availability of mental health and musculoskeletal resources, and expand the placement and support scheme for individuals. This can help avoid the loss of skills and confidence that can be caused by spending too long out of employment and boost gender equality.

Budget 98
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What Is Happiness and Why Is It Important?

Success

Anyone who has been in therapy at any point during the past century has likely heard that request, now a go-to punch line for an entire industry of mental health. But focusing on why people are miserable—and reliving that misery one 45-minute session at a time—in order to get happy became, well, depressing for many in the mental health field.

Health 299