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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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How Candidates And Managers Can Identify And Combat Age Discrimination

Allwork

More than 80% of hiring managers say that they are concerned about taking on employees 60+, or younger than 25. . According to a ResumeBuilder survey , nearly four in 10 hiring managers admit to reviewing applicants’ resumes with age bias. Perhaps most crucially, promotions and raises should be based on performance, not age. .

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The 6 Biggest Financial Mistakes to Avoid in Your 30s

Success

It could be down payment money for a home, putting [funds] toward a young child’s education or investing in retirement. Mahoney says managing lifestyle creep and navigating inflation is a matter of putting your money where your values lie. -based founder and CEO of Illumint, which specializes in financial planning for millennials. “It

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

Allwork

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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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. In acknowledgement of loneliness as a significant public health issue , the U.K.

Health 290
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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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“Boss Loss” Is Looming: What Is It, And How Does It Impact The Future Of Work?

Allwork

Firms are not going far enough or fast enough to achieve diversity, equity and inclusion and support employees’ mental health. What we didn’t see through the initial wave of people, either resigning or starting new careers or retiring altogether, was a significant shift in the leadership roles.

Health 312