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What Is a Health Savings Account?

Success

We all know we need to prepare for future healthcare costs, but learning how much to save can be difficult. Health savings accounts, or HSAs, are tax-advantaged savings opportunities for people with a high deductible health plan. As of 2022, an individual can contribute up to $3,650, or $7,300 for a family. HSA drawbacks.

Health 251
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Culturally Diverse Workforces Require Bespoke Mental Health Support

Allwork

There are barriers for specific minority groups to access mental health support in the workplace. Personalized mental health support is a solution to improving mental health outcomes at work, but this requires training, understanding, and insight into individual needs. According to Mental Health U.K., In the U.K.,

Health 246
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KPMG Opens Its Doors For Cambridge Researchers To Study Wellness Policies

Allwork

Accounting firm KPMG UK and the University of Cambridge are teaming up to gain a full understanding of what the future of work holds and the role it plays in employee wellness. . The post KPMG Opens Its Doors For Cambridge Researchers To Study Wellness Policies appeared first on Allwork.Space.

Policies 246
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Young people should be the main focus of mental health efforts

Workplace Insight

And the economic consequences are greatest for those whose poor mental health comes alongside poor educational outcomes, with one-in-three young non-graduates with a CMD currently workless, according to new Resolution Foundation research. But the economic consequences of poor mental health are far starker for those who don’t go to university.

Health 105
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What 3 CEOs Learned After Spending a Day in Their Employees’ Shoes

Success

Since that experience, he’s using his new knowledge of how things really work on the literal street level to create a company-wide “transformation,” including a better tipping policy and improved communication processes. Here’s what other CEOs and leaders say there is to be learned from walking a day in employees’ shoes.

Learning 231
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The 7 Biggest Financial Mistakes to Avoid in Your 50s

Success

To help protect your financial future, learn about how to prepare for retirement in your 50s, the biggest financial mistakes people make at this juncture and how to avoid them, according to financial planners. The IRS allows people in their 50s to contribute larger amounts than other age groups to catch up to their retirement savings goals.

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Expert Advice For Successful Salary Negotiation: Simple Strategies To Get The Pay You Deserve

Allwork

Job seekers: Ensure you’re caught up on these key techniques and considerations of salary negotiation, including optimal ways to draft a salary negotiation email, and how to navigate the complexities of this vital career interaction. Think about benefits like paid leave, health insurance, flexible working hours, and potential bonuses.