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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. For employees, finances are actually the top source of stress — even more so than health or family issues. .

Finance 284
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How Money Psychology Affects Your Finances—and the Benefits of Financial Therapy

Success

The goal for girls in her family was to grow up, find a man and marry him because he’ll take care of the finances. Our psychology affects how we treat money “Morgan Housel wrote the book The Psychology of Money , and he said that money is influenced more by your psychology than finance,” Williams says. But she married a feminist. “So

Finance 281
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8 Dimensions of Wellness: A Comprehensive Guide to Optimal Well-Being At Work And Home

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Emotional wellness is about understanding and respecting your feelings, learning how to express them appropriately, and developing coping strategies for stress and challenging situations. For instance, poor physical health can dampen emotional wellness, while financial strain might heighten stress levels, further impacting physical health.

Health 307
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This Expert Suggests Psychedelics Might Make Their Way Into The Workplace Soon

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As a top business and finance professional turned microdosing expert, Peggy Van de Plassche believes microdosing will make its way into the boardroom. She believes it may be key to preventing burnout, improving stress and anxiety in high-pressure environments, and enhancing performance for all people in business, not just CEOS.

Legal 296
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5 Ways To Avoid Well-Being Washing And Provide Authentic Support To Employees

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76% of employees are currently experiencing moderate-to-high levels of stress, which is an increase from 67% the year before, with huge workloads triggering 73% of work-related anxiety. Whilst some stress can be conducive to productivity at work, prolonged periods may lead to more serious mental health conditions.

Health 317
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30 New Year’s Resolution Ideas to Make 2024 Healthier, Happier & More Secure

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Often, these fall into categories of personal well-being, relationships and finance. Start a daily meditation or mindfulness practice to reduce stress and enhance focus. Read at least one book per month to reduce stress and expand your knowledge. New Year’s resolution ideas to improve personal finance Create a monthly budget.

2024 266
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The Silent Crisis Of Workplace Loneliness: A Costly $154 Billion-a-Year Problem Stifling Business Growth And Innovation

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Loneliness can trigger the release of stress hormones , leaving our bodies in a chronic fight-or-flight state, leading to mental health issues such as stress, exhaustion (burnout) and anxiety. Consequently, addressing loneliness and fostering connections is crucial for all organizations. According to the BRC , loneliness in the U.K.

Health 259