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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

Allwork

High financial stress among employees, including those with high incomes, can lead to mental and physical health impacts, which cost businesses in lost productivity. Employers can play a key role in promoting this literacy by providing access to resources, tools, and education that empower workers to make informed financial decisions.

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In Retirement, Olympic Gold-Medalist Michael Phelps Is a Mental Health Advocate

Success

He doesn’t subscribe to or promote a rosy belief that all is well and all will be well. He has been transparent about his mental health struggles , including describing a crippling bout with depression in which he didn’t leave his room for four days. But it’s a learning process. But optimism is not Phelps’ default position.

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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. . 77% of employees have said it’s affecting their mental health, and 52% said it’s impacted their physical well-being. Employee financial stress is at an all-time high, according to HR Morning.

Finance 290
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How Candidates And Managers Can Identify And Combat Age Discrimination

Allwork

Ageism is when employers treat an applicant or employee less favorably because of their age, which can apply to younger people with less experience, or older people who are close to what is traditionally considered retirement age. . Perhaps most crucially, promotions and raises should be based on performance, not age. .

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Improved support for menopause could help women stay in work

Workplace Insight

The report by BSI suggests that 29 percent of UK women expect to leave work before retirement with 42 percent expecting this to be due to health or well-being, while another fifth specifically cite menopause.

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A Deep Dive Into the Positive and Negative Impacts of Gossip

Success

Mark Leary, a professor emeritus of psychology and neuroscience at Duke University, told Health magazine he believes “gossiping is a fundamental human instinct because our lives are deeply rooted in groups.” If you would fear repercussions if people learned you spilled the beans, it’s best to keep your mouth zipped.

Gossip 296
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Can COVID Booster Shots Save Your Business? 

Allwork

hard this winter and resulting in an explosion of cases , business executives need to take the lead on promoting the newly updated, Omicron-specific boosters. billion California Public Employees’ Retirement System. . Educate, Incentivize, and Gamify To Promote Participation . So what should executives do?

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