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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

Allwork

Employers offering a range of financial support options — such as retirement planning workshops, debt management counseling, and savings incentive programs — can lead to a more stable, productive, and health-conscious workforce. Here are some options: 1.Retirement These tools can be integrated into an employee portal, allowing easy access.

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Navigating the Corporate Ladder: The Impact of Career Breaks on Women’s Leadership Roles

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According to the report, only 34% of women in the U.S. workforce hold VP roles and around 27% in C-suite positions. The disparity is further widened by the fact that paid paternity leave is offered at only 32% of organizations, compared to only 40% for those offering maternity leave.

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5 Financial Basics Everyone Should Know

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But the concepts that can really make a difference to your long-term goals, like budgeting and saving for the future, can get ignored in favor of more exciting ideas like playing the stock market or the latest viral TikTok trend. Saving for retirement Saving for future expenses can be one of the most challenging financial basics to master.

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Consulteering - A New Approach to Retirement

Small Business Labs

Work a Little, Play a Little: A New Retirement Strategy from the New York Times covers the  growing trend towards people working part-time in retirement. As we reported last week, record numbers of Americans are working past 65. " Others will choose to work part-time in retirement to stay and engaged.

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7 Apps to Teach Kids About Money

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A 2017 study found that disparities in financial literacy may account for as much as 40 percent of the wealth gap between those retiring with more and those retiring with less. RoosterMoney is primarily an allowance app for kids, but it’s particularly handy for teaching kids about saving for short-term and long-term goals.

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The Silent Crisis Of Workplace Loneliness: 9 Ways To Foster Genuine Connections At Work

Allwork

Employers can use this scale to check on employees during transitional periods (such as parenthood, relocation, divorce, and retirement), as significant life changes often correlate with increased loneliness. The ultimate goal is to create a sense of connection for individuals, regardless of their background or situation.

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2023 Financial Forecast: How to Prepare for the Year Ahead

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Back in June, scientists reported that Earth had its shortest day since the 1960s, making its full axis turn milliseconds faster than expected. Even as you plot out some of those big money decisions you face in the year ahead, don’t lose track of other goals—namely, retirement. Stay invested in financial markets.

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