Life is full of uncertainties, and unexpected emergencies can strike at any moment. Whether it’s a medical crisis, a sudden job loss, or a major car repair, having the financial resources to weather these storms is crucial for your peace of mind and overall financial wellbeing. According to a study by the National Bureau of […]
The importance of having an emergency savings account Read More »
Written by Amy Summers, Freelance Finance Writer. Do you think a good salary is enough to engage and motivate your employees? While plenty of employees quit due to their pay, Business News Daily clarifies that money is not enough to boost your employees’ motivation, engagement, and retention. A 2022 survey cited by Business News Daily found
5 tips for keeping employees engaged and motivated at work Read More »
Workplace wellness encompasses so much more than just healthy snacks and getting up and out for mid-day walks… Workplace wellness is all about the mental, physical and financial needs of your employees. When these three areas are addressed, employees feel more supported and thus become more engaged, productive and present at work. How do each
Workplace wellness initiatives–mental, physical and financial Read More »
Financial wellness should encompass many things, including: Financial education and counseling Financial tools and solutions that work Incentives to save and invest Today, many financial wellness programs focus only on financial education. What they’re lacking in are actual solutions or tools that help employees resolve debt or start saving. TrueConnect was founded as a small-dollar
Introducing a New Financial Wellness Platform… Read More »
As of the current moment, millions of Americans are living off of unemployment. The current unemployment rate is at 6.7%, which may be lower than the 8% high a few months ago, but it’s still higher than the beginning of 2020. For perspective, the unemployment rate in February 2020 was at 3.5%. Yes, the pandemic
How the Unemployment Rate Affects Everybody, Even Your Employees… Read More »
Nationally, the open enrollment period for the Affordable Care Act this year is from November 1st, 2020 to December 15th, 2020. This is the time period where Americans can shop around in the marketplace for new healthcare, dental, and vision plans. Around this same time, you and most other employers likely held your own open
You Know You Can Still Take Advantage of Benefits Outside of Open Enrollment? Read More »
Predatory lenders use unfair and deceptive practices that mislead people into taking out loans that aren’t in their best interest. A common example is payday loans. These are loans marked by high-interest rates (typically in the range of 100-400%) and require some kind of collateral as a deposit. Many states have taken action and adopted
4 Ways Predatory Lending Negatively Affects Employee Engagement Read More »
Many Americans have found themselves suffering from the current economic recession and it’s never been more difficult to anticipate the future. Millennials, in particular, are in a vulnerable position around their finances. Tell me more… Those who are born between 1981 and 1999 fall into this category and have accumulated notably less wealth than their
Millennials Are the Majority Workforce – Are Their Finances Screwed? Read More »
Stress. We all have it. In fact, it’s a normal part of life. But, if stress isn’t properly managed, it can be incredibly detrimental to your physical, mental, and emotional health. This year in particular, stress has stretched to new heights as a result of COVID-19. With social distancing, increased isolation, mass lay-offs,
How to Manage Money Stress Read More »
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