2021 Will Redefine Employee Engagement
Between a global pandemic, a widespread social justice movement, and a hotly contested presidential election, little about last year was easy.
Tag: financial wellness
Bad Debt Happens to Good People
A recent CreditCards.com survey revealed that 59% of American credit card holders—110 million Americans—were in credit card debt before COVID-19. And it wasn’t frivolous spending. Twenty-six percent said that day-to-day expenses like groceries, child care, or utility payments were the biggest factors in their debt balances.
Q&A: Identity Theft Benefits More Relevant Than Ever
Under the best of circumstances, identity theft is a real concern for employers and employees alike. When employees’ identities are stolen, any number of life-altering outcomes are possible, ranging from stolen tax returns to new, false lines of credit being open in employees’ names. As our lives become more digital—a trend that has been heavily […]
5 Ways to Attract and Retain Alternative Workers
The nontraditional employment trend has continued on into the new year—and for good reason. Contingent workers help fill the void when looking for talent on a short-term basis or project. As for workers themselves, staffing agency Rose International found that nearly half of recent survey respondents identify the top benefits of contingent work as a […]
How Many of Your Employees Live Paycheck to Paycheck?
Most of us think of “living paycheck to paycheck” as a condition afflicting the poor and low paid, but we’re wrong. Living paycheck to paycheck is a problem up and down the income ladder, and it’s one that businesses, not just workers, can and must address. Doing so isn’t just the right thing to do—it’s […]
The 5 Best Voluntary Benefits to Offer Your Employees
Today, it’s normal for people to spend 40+ hours a week working. Because employees dedicate such a substantial amount of time toward the companies they represent, it’s necessary for employers to curate a workplace experience that supports their hard work and keeps them invested.
Whether or Not a Downturn Is Coming, the Time to Prepare Is Now
When it comes to predicting a recession, the answer is never obvious. Because the market has unexpectedly collapsed in the past, HR professionals should already be in planning mode. If your employees start asking and you don’t have a solid strategy, it’s too late.
Positive Returns on Financial Wellness Rely on Employee Behavioral Change
Managing a multigenerational workforce is no easy feat for today’s Human Resources (HR) departments. While Boomers set sail into retirement, bright-eyed Millennials crop up in their place, bringing with them wildly different experiences and expectations that challenge the meaning of “workplace benefits” as HR currently knows it to be.
Consider How Relevance Can Improve Your Financial Wellness Program
The financial stress that’s pressuring today’s workers is affecting their overall health, and it doesn’t help employers much either.
Helping New Workers Achieve Financial Security
It’s a challenge for any company to attract top talent. This primarily rings true in a competitive labor market where unemployment sits at roughly 3.7%, the lowest in nearly 50 years.1