In this week’s Best Money Moves roundup, we take a look at news stories and new research studies that may impact employee benefits and HR issues. We hope you find this news roundup helpful, and we’d love your feedback.
As lawmakers battle over how to fight America’s opioid epidemic, employers are struggling to help their employees in this battle, as well.
About 70 percent of employers surveyed by the National Safety Council said that prescription narcotics have impacted their business.
Employers’ standard health and wellness programs are often unequipped to handle this particular health crisis which, according to the Department of Health and Human Services, claims an average of 78 lives in opioid-related overdoses per day.
Financial Literacy Month is drawing to an end, but employers can offer financial education to help employees manage their money year-round. Four ways to help reduce financial stress.
Millennials’ financial stress is decreasing and is now more in line with their Gen-X colleagues, according to Pricewaterhouse Coopers’ 2017 Employee Financial Wellness Survey. However, these employees face new financial responsibilities and stressors. Millennials’ newfound financial maturity.
But that doesn’t mean Millennials are satisfied with their financial situation. A study by FiServ found only 20 percent are satisfied with their financial health, compared to 36 percent of the overall population.
Wishing for a shorter work day? It could save your company money. An experiment in the Swedish city of Gothenburg found long-term savings from a shorter work day included decreased healthcare costs and fewer sick days used.
What keeps you awake at night? If your financial situation is costing you precious hours of sleep, you’re not alone. A new study found that “financial insomnia” is at its highest rate since the Great Recession. Which financial issues are the biggest causes of financial insomnia?
Your competitors are trying to steal your best workers. CNBC reports that 68 percent of high-performance employees are contacted about new job opportunities at least once a month. What can you do to keep your best people from leaving?
Your employees’ healthcare data is a valuable target for hackers. But your employees themselves may be the biggest obstacle to keeping their own information secure. Learn how you can protect employees from themselves.
Relocating for work can come with a lot of additional expenses and tax headaches for your workers. Helping your employees sort through these financial issues early on will save your HR department from headaches down the road.
Workplace flexibility is all the rage. A new study found that 76 percent of companies offer some sort of alternative work arrangement, whether it’s a work-from-home program or flexible scheduling.
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It’s hard to stay on top of everything in the news. That’s why each week our Best Money Moves newsroom will bring you the most important news in financial wellness, employee benefits and financial stress. We hope you like the information and, if you do, please spread the word. For midweek developments, follow us on Twitter and on Facebook.