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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. Financial stress impacts worker well-being, both mentally and physically Financial wellness and literacy are critical for the economic stability and peace of mind of employees.

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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. . Employee financial stress is at an all-time high, according to HR Morning. Employee financial stress is at an all-time high, according to HR Morning. Healthcare from day one.

Finance 290
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Shattering The Mirrored Door: How Women Can Move From Self-Doubt To Career Success

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According to Taaffe, the pursuit of perfection can become deeply ingrained in many female executives, potentially overshadowing their other talents and enabling colleagues to shine at their expense. Moreover, perfectionism can become a source of stress. This fosters a more positive approach towards personal growth and progress.

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The Benefits Of Commuting (Yes, There Are Some)

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For some, a series of email surprises, expensive and time-consuming. Not surprisingly, Microsoft has tried to recreate the benefits lost from commuting by creating a “ virtual commute ,” scheduling time to set goals in the morning and reflect on the workday at its end. They even included an optional short-guided meditation.

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

Success

The company’s website states, “Our goal is to create a team that is caring and motivated to improve the accounting profession and positively change the lives of accountants.” Through this program, employees can receive reimbursement for up to $1,300 per fiscal year for expenses related to their emotional, physical and financial well-being.

Health 278
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Experts Weigh in on 17 Investments for a Rich Life

Success

“Hire virtual assistants who are specific experts,” says Garland, who is the host of ABC’s The Rise to the Top and author of Smarter, Faster, Cheaper: Non-Boring, Fluff-Free Strategies for Marketing and Promoting Your Business. What’s the most valuable thing you get from a vacation, other than the stress relief and time with family?

Budget 264
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4 Ways To Financially Support Your Employees (Other Than Raises)

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Here are some actionable tips that employers can take to help their employees prepare for economic downturns and unexpected expenses. Without simply increasing wages, what course of action can employers take to prepare their employees for economic downturns and unexpected expenses?