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

Allwork

According to SHRM , 35% of HR professionals surveyed offered financial planning benefits for long-term security, such as sessions with a financial advisor on wealth management, investments and estate planning. Companies can offer financial literacy programs, continuing education, webinars, and more. . They include: .

Finance 290
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4 Ways To Financially Support Your Employees (Other Than Raises)

Allwork

The recent Workplace Wellness Survey by the Employee Benefit Research Institute ) blames inflation for workers’ poor financial health, as 80% of respondents said that debt and an inability to plan for the future is “ a problem.” They teach employees how to budget, plan, and prepare for anything.

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Why your optimism can hurt your bottom line

The Shrink for Entrepreneurs

However, 76% of those surveyed were optimistic about the future of their own family. Business owners are notorious for planning less for life realities like illness, retirement and taxes (gasp!) Imagine goals set so powerfully that optimism bias (among other things) is entirely avoided! than their employee brothers.