Many U.S. employees are financially unhealthy, with 42 percent of employees saying that they are likely to use money from retirement accounts for other expenses besides retirement. Instead of preparing for the day when they can enjoy comfortable and fulfilling post-work lives, American workers find themselves saving money for medical or financial emergencies. A popular […]
Employee Loan Guidelines: What You Need to Know Read More »
A personal budget empowers individuals to take control of their finances and helps to avoid the burden of debt. Because a budget involves creating a spending plan, it encourages employees to prioritize their spending, and to save for the future. After employees create their first budget, they can make it a regular practice, and take
Budget Coaching for Government Employees Read More »
Numerous studies have shown that a majority of American workers are living paycheck to paycheck and would struggle to pay for an unexpected expense as small as $500. Unfortunately, this leaves many consumers, particularly those with no credit scores or poor credit, vulnerable to predatory lenders who take advantage by charging excessive rates. But in
Doña Ana County, NM – Case Study Read More »
Acquiring quality employees is just the beginning of building an elite workforce for your company. Strengthening your workforce requires a focus on employee retention. There are a number of ways you can keep great people, such as providing a pleasant working environment, offering benefit packages that your workers need, and providing financial incentives. Additionally, here
How to Retain Quality Employees Read More »
Millennials have already made a significant impact on the United States labor force, and in 2015, this generation became the largest in the workplace. Today, 50 percent of job applications received by companies are submitted by millennials. Why are millennials having such an effect on employers? It’s because they’re not just looking for work; they
What Is the Future of Work with Millennials by Our Side? Read More »
Predatory lending practices are becoming more and more prevalent throughout the U.S. This type of lending takes advantage of the borrower and benefits only the lender. Unfortunately, the practice of predatory lending is not always illegal. Still, it can leave borrowers with a ruined credit record, an unmanageable debt burden and is a leading cause
8 Types of Predatory Lending Tactics Employees Should Know About Read More »
Every organization knows how important it is to protect employees’ physical and mental health. After all, if they’re not healthy they’re not happy, and if they’re not happy, they are distracted, and that will start to decrease agency effectiveness. But it’s not just about physical and mental health. You also need to understand the best
5 Ways to Put Financial Wellbeing on the Workplace Forefront Read More »
It doesn’t matter if you just passed your physical and you’re feeling optimistic about life, if your financial wellbeing is not up to par, even a minor financial setback can begin to affect your physical and mental health, as well as your social and work life. Financial wellbeing is understanding how to handle finances successfully. Good
Why is Financial Wellbeing Important? Read More »
If you’re trying to come up with a simple definition of financial wellbeing, you may be struggling. This is because there is no rigid classification; it varies a lot even from person to person. If you factor in age, education, means of employment, salary, gender, spending behavior, and location, you’ll soon see why. And because
Workplace Financial Wellbeing Programs Increasing in Popularity Read More »
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