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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.

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EU To Face £370M Bill If WeWork Exits London Office

Allwork

GB News reported that a document now circulated to the European Parliament’s budget committee said the U.K. Elected officials believe that the EMA’s relocation and subsequent financial repercussions stress the need for more responsible foresight on impactful real estate and economic commitments.

2023 229
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Many Employees Literally Cannot Afford To Return To The Office And Employers Are Considering Picking Up The Tab

Allwork

Inflation is at a 41-year high and soaring gas prices are taking a toll across the country, with hourly workers bearing the brunt of these challenges — 81% reported that record gas prices have made it hard to pay other expenses. . In May 2021, commuter expenses accounted for only.23% 23% of all claims. 23% of all claims.

2022 246
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5 Ways to Save Money This Holiday Season (Without Disappointing Anyone)

Success

So, the holidays and all the cheerful “requirements” that come with it, from gift-giving for dozens of people to taking time off work, can just add another layer of stress in a season meant for joy and relaxation. The Associated Press (AP) reported that spending had slowed in October , ahead of the holiday season.

Holidays 295
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Welcome To The Age Of Polyworking: The Multi-Job Revolution Led By Gen Z

Allwork

According to Owl Labs’ latest State of Hybrid Work report, an impressive 46% of employees are engaged in at least one side hustle. With the rise in living costs and inflation, an intriguing new trend has emerged: polyworking. Inflation has played a major role in the rising cost of living. Although it fell slightly to 6.5%

2021 212
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Optimizing the Hybrid Work Landscape for Tasks to Do at Home

Allwork

Office presence should be for a compelling purpose that surpasses the notable expenses, in terms of time, finances, and stress associated with commuting. Office presence should be for a compelling purpose that surpasses the notable expenses, in terms of time, finances, and stress associated with commuting.

Expenses 157
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Cost of living driving employees to seek new jobs or more help from employers

Workplace Insight

A large majority (84 percent) of employees are experiencing stress and anxiety due to the cost-of-living crisis, yet two-thirds of employers aren’t offering any financial or emotional support. The post Cost of living driving employees to seek new jobs or more help from employers appeared first on Workplace Insight.