Remove 401(k) Remove Employment Remove Financial Counseling Remove Human Resources
article thumbnail

Financial Wellness Series Part Three – The Link Between Financial Stress, Health and What Employers Can Offer to Have an Impact

AssuredPartners

Not only do employees have the desire to see financial education included in their plans, years of research show financial education in the workplace is important for reducing employee financial stress and sick days, increasing workplace productivity, and promoting long-term financial well-being [11]. J Occup Environ Med.

401(k) 65
article thumbnail

Strength Through Financial Wellness

Flimp Communications

And then there’s financial wellness, which impacts everything, including physical, mental and emotional wellbeing. How can employers and HR managers help employees perform the crucial tasks, such as budgeting, that lead to better financial security? Five Elements of Financial Wellness. A Few Things to Consider.

401(k) 81
article thumbnail

How HR Can Help Employees Facing Financial Hardship?

Hppy

Financial Education and Resources Research indicates that offering financial education and resources in the workplace can yield significant benefits for both employers and employees. Encouraging employees to save and invest wisely can be part of a broader financial wellness program.

401(k) 36
article thumbnail

8 Employee Incentives That Work: Best Practices from US MNCs

Empuls

A study published in the Human Resource Management Journal revealed that workers who receive performance-based pay work harder but experience higher stress levels and lower job satisfaction. Negative: Employees may overwork themselves, leading to low job satisfaction and potentially high turnover rates.

article thumbnail

Support Your Employees’ Financial Health

eni

Individuals, regardless of age, may be facing financial burdens ranging from large healthcare bills or credit card debt, to a lack of experience with budgeting and financial planning. Financial well-being is a variable concept, though, leaving some employers wondering how they can assist all employees with so many different concerns.

401(k) 68
article thumbnail

Prioritize Financial Well-being in the Workplace

Empuls

💡 "Financial distress (a symptom of poor financial wellbeing has important implications for employee wellbeing and performance. But it goes beyond the employee's financial position; it's also about the employer's mindset towards their employees and their attention towards the things that matter most to them.