Tag: employee financial stress

How HR Teams Can Revamp PTO Policies to Meet Employees’ Financial Needs

Although several positive economic developments have occurred recently, from job growth to falling inflation, employees still face various financial challenges, such as wage stagnation, reduced savings, and high debt levels. There has also been a shift in expectations around these challenges; employees increasingly want companies to help them manage and improve their finances. There have […]

8 Mental Health Tips for Coping with Layoffs

Losing a job can hurt not only your bank account – but also your mental well-being. The aftermath of a layoff can leave you feeling a wide array of emotions, and it’s important to recognize that the impact of unemployment extends far beyond finances and career trajectories. Layoffs Affect Mental Health: Going from having a […]

Empowerment Through Benefits: Nurturing Employee Financial Health

Wellness programs have become a standard for organizations today–which is great news for employees–but they often focus on things like nutrition and fitness, work-from-home allowances, and mental health support. Often important elements like financial well-being, that can have a significant impact on an employee’s mental health, are overlooked. It’s been said that “a company is […]

5 Economic Markers of Weakening Financial Wellness in the U.S. and How Benefits Leaders Can Help

Seventy percent of Americans report living paycheck to paycheck, per a survey conducted by OnePoll and AmeriLife. The signs can be hard to recognize; even if you don’t see it, there’s a good chance this struggle is shared by most of the employees in your workplace. And there are growing signs throughout the economy that […]