Your employees need help!
When asked to grade their financial literacy on a recent Equifax consumer survey 33% of consumers 18-29 gave themselves a ‘C.’ Ninety percent agreed there was a need for more personal finance education.
The results of this survey indicate that your employees lack confidence in their ability to manage their own money. By providing resources employees can utilize to improve their financial know-how you accomplish more than just boosting morale – you improve productivity. And by demonstrating you’re sensitive to the issues they face which improve retention.
Resources that help employees understand financial topics like credit scores, credit cards, debt repayment, budgeting, and student loans can make a big difference to your employees and to your company.
FSA and HSA Use Increases to Meet Employee Financial Wellness Needs. Flexible spending accounts (FSA) and health savings accounts (HSA) help employees prepare and pay for healthcare expenses. Here are their benefits and differences.
Rethinking Internal Memos in Social Media Age. Before you hit send on any internal communication consider how the public might react. See the list of what not to do.
Employee Wellness Expansion. In the next 3-4 years 67% of companies plan to expand employee wellness programs to include stress management and financial wellness. See what else is in store.
Self-Funded Health Insurance. Smaller employers are reducing costs, gaining plan flexibility, and keeping employees happy by self-funding health insurance. See if it’s a viable option for you.
Lowest Unemployment Since Clinton Administration. The April jobs report indicates that unemployment might soon fall below 4%, the lowest it’s been since 2000. Here’s what the experts say.
Legislature Proposed in NYC to Give Employees Right to Disconnect. Most employees have access to their work from their devices and as a result often find themselves doing work from home. A bill proposed in NYC aims to limit communications after work hours to maintain separation between work and home life. Find out more.
Include Managers in Wellness Program Decisions. Employee engagement in company sponsored wellness programs remains low. Research suggests managers are the key to increasing employee engagement. Here’s how.
Is your employee compliance training effective? Harassment and discrimination compliance training is shifting towards an ongoing process that is evaluated and refined so that it becomes an active part of cultivating company culture. Learn more.
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