Sourcewell is an organization whose goal is to help nonprofit, educational, and government agencies save time and money with contract purchasing solutions in order to support their employees. The organization has been operational for more than 40 years, allowing agencies to buy goods and services without an RFP, with more than $300 billion in […]
How HR Can Maximize Sourcewell (Formerly NJPA) Benefits Read More »
Florida Employers Provide Safe and Affordable Loans to Employees W.S. Badcock Corporation of Polk County and Habitat for Humanity of Saint Lucie County Add TrueConnect Loan as an Employee Benefit to Help Employees with Financial Wellness San Diego, California (February 22, 2017) – Employee Loan Solutions, Inc. of San Diego, California, today announced that
Coalition for Safe Loan Alternatives Expands as Additional Members Push for Safer Lending Nationwide Washington, D.C. – May 31, 2016 – The Coalition for Safe Loan Alternatives (CSLA) today announced it has expanded its ranks with new members from Alabama, Florida, New Mexico, and beyond who are dedicated to providing safe, short-term loans to Americans in need
COALITION FOR SAFE LOAN ALTERNATIVES APPLAUDS NEW CFPB RULES TO CRACK DOWN ON PREDATORY LENDERS Washington, D.C. – June 2, 2016 – The Consumer Financial Protection Bureau (CFPB) and Director Richard Cordray today announced new rules to crack down on predatory payday and auto title lenders. The CFPB’s rules would force lenders to verify that borrowers have enough
Stress arises naturally from time to time from normal events both at work and at home, but it isn’t always a negative thing. A low-level amount of stress can be healthy. Sometimes referred to as eustress, this minor pressure can increase engagement, performance, and productivity. However, prolonged high levels of stress will begin to affect
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Offering your employees a 401(k) plan has numerous benefits to help them save for the future, including company-matched contributions and tax-deferred income. If your employees are faced with a sudden financial emergency and they do not have the savings to cover it, or they need to readjust their finances, they may consider taking out a
How Does a 401(k) Loan Work, and is it the Best Option? Read More »
With the unemployment rate at a record low, many workplaces are seeing increased employee turnover as talent leaves for a number of reasons. As an employer, higher turnover has a range of detrimental effects, including increased costs. In fact, losing a skilled employee can cost you as much as 213% of their salary. Other negative
5 Modern Strategies to Improve Employee Retention Read More »
Currently, the unemployment rate is at a near 50-year low. It’s more important than ever for employers to recruit and retain employees, particularly when you consider the fact that more than one-third of U.S. employees are actively searching for a different job. There are trends in companies which have retention issues. These include: Lack of
How to Calculate Your Employee Turnover Rate Read More »
In an ideal world, people would be able to keep their personal lives separate from their professional ones. In the real world, this is usually not the case, which is why employees who are struggling with personal issues have difficulty focusing on their work. Fortunately, company managers are fully aware of the problems this can
10 Good Reasons to Provide Employee Assistance Programs Read More »
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