How HR Can Clear Up Employees’ Summer Office Dress Code Stress

How HR Can Clear Up Employees’ Summer Office Dress Code Stress

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 the temperatures soar, employees face a stressful question each morning: Which clothes will keep me cool without violating the office dress code?

Most employees recognize that a tank top and shorts would be a blatant office dress code violation, but can they get away with a t-shirt? What about a sleeveless dress? Can they wear sandals?

This summer, clear up the office dress code confusion before it starts. Send out a memo listing the types of attire that are appropriate and inappropriate to wear to work, and spell out the company policy for handling violations.

Read on for tips to help you handle the sometimes-awkward conversations about office dress code violations.

After many delays, the Department of Labor’s fiduciary rule took effect last week. The rule requires financial advisers working with retirement plans to act in the best interest of their clients – rather than making recommendations that will earn them the highest commission. Here’s how that may impact your company’s retirement plan.

Everyone has some financial stress, but certain personal finance topics hit harder at different ages. For many millennials, debt ranks highest on the list of money stressors. What else do they worry about?

Financial wellness is the hottest employee benefit of the year. Most employers – 92 percent – say they’re at least moderately likely to focus on financial wellness benefits beyond basic retirement products in 2017. Here’s why.

A simple “thank you” has a huge impact on employee morale. A new study found that 70 percent of workers think morale would improve “massively” if managers thanked employees more, and nearly half would leave if they felt they weren’t appreciated enough.

Building a company culture takes more than just offering free lunches. While these perks can be fun, they just scratch the surface. Consider three more meaningful employee perks.

What’s the biggest threat to your employees’ retirement security? A new study found the rising cost of health care and long-term care is one of investors’ biggest concerns about funding retirement.

Memphis is the first city to help its employees tackle their student debt. The city will contribute $50 per month to the student loan accounts of any city employees who’ve worked there for at least a year.

Recruiting new employees can be hard. Putting together a job application to screen employees without violating state and federal employment laws is also difficult.  Avoid these 10 company job application mistakes.

Are your employees skipping doctor visits because they can’t pay? A quarter of respondents in a recent survey said they’ve skipped needed medical attention because of the cost. Help employees get the care they need.

Have something to add? Email info@bestmoneymoves.com.

Debt Stress Kills Employee Engagement. But You Can Fix It.

Debt Stress Kills Employee Engagement. But You Can Fix It.

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.

Debt is one of the biggest sources of employee financial stress and when workers are stressing out over their latest credit card bill, you can bet employee engagement in the office will suffer.

In a consumption-oriented society that values the instant gratification of a big purchase and encourages us to go into debt to live the “good life,” it’s no wonder employees are struggling.

That’s where employers can step in. Teaching basic money management and savings strategies helps them dial down their financial stress and focus on other things — like their jobs.

Here’s how reducing debt-related stress can improve employee engagement at work.

Financial stress has additional consequences for women. A new study by the Institute for Behavioral Medicine Research at The Ohio State University Wexner Medical Center found that pregnant women who faced higher levels of financial stress were more likely to have a baby with a low birth weight – which often brings additional medical issues and stressful medical bills.

What drives employee retention? Good leaders. But how can you tell if the leaders in your company are helping or hurting your effort to hang onto your best employees? Look for these 10 red flags.

Spring cleaning applies to your finances, too. But many Millennial employees struggle with basic financial practices. Are your employees asking these questions about budgeting?

You just found out your new hire stole trade secrets from their last employer. Now what? Read on for three tips to avoid this situation from the outset and four steps to take when you discover the theft.

LinkedIn is a great resource in the search for new hires. These profiles are like digital resumes, but they can also drop hints that a candidate isn’t right for you. 10 LinkedIn red flags to avoid.

Flexible scheduling is a hot employee benefit this year, but many employees feel that taking advantage of it makes them look lazy. Ending the flexible scheduling stigma.

Companies benefit from having a financially secure workforce. A survey of financial industry CEOs found 82 percent think a financially secure workforce helps their bottom line. Why financial wellness is key to employee retention.

Only about 30 percent of employees are engaged at work, which means a stunning 70 percent are disengaged. What can you do to help employees find meaning in their jobs and re-engage? 15 actionable ways to make work more meaningful.

The pain of getting fired can follow you for a long time. In fact, the heartbreak that comes with losing a job may be worse than divorce. Why pain and stress follow fired employees.

Have something to add? Email info@bestmoneymoves.com.

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.

The Opioid Epidemic: How Employers Can Help

The Opioid Epidemic: How Employers Can Help

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.

Read on for five steps employers can take to fight opioid abuse among employees.

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.

Have something to add? Email info@bestmoneymoves.com.

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.