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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

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High financial stress among employees, including those with high incomes, can lead to mental and physical health impacts, which cost businesses in lost productivity. Employers can play a key role in promoting this literacy by providing access to resources, tools, and education that empower workers to make informed financial decisions.

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When It Come to Employee Mental Health, These 10 Companies Are Setting the Example

Success

Mental health has been top of mind for employees and employers alike for a few years now. But some companies are continuing to push to improve the lives of their employees or their clients as innovators in the future of mental health. Here are the companies pushing toward change in mental health in 2024.

Health 275
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Chance the Rapper on Achieving Goals as an Independent Artist & Paying It Forward

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And as that fame grew, so did his fortune—which he immediately started giving away, first in a hefty donation to Chicago Public Schools in 2017, then to the county’s mental health services. The goal of becoming a millionaire wasn’t on Chance’s list, but it happened anyway. That’s usually a record label expense.

Goals 264
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Want to Retain Your Team? Offer Financial Well-being Programs

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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 to Define and Plan for Financial Freedom

Success

Conventional financial advice tells us to earn more money and increase our net worth, and the internet is full of tips to help you get a promotion or start a side hustle. Once you have your reason identified, it is easier to determine the steps you need to take to reach your goal. Set concrete goals and apply the numbers.

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Unlearning Silence in the Workplace: How to Speak Up at Work

Success

But at what expense? It is essential to promote inclusivity, mentorship and leadership training to empower women to voice their opinions confidently.” Sensitive topics like mental health, workload concerns and interpersonal conflicts are often challenging to address openly,” Bevins notes. A 2020 survey found that 17.5%

UPS 264
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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. Instead, these successful people use their free time engaged in personal development, networking, volunteering, working side jobs or side businesses , or pursuing some goal that will lead to rewards down the road.

Mentoring 317