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Investing in Employee Financial Wellness: A Win-Win for Companies

PeopleStrategy

Employee financial wellness centers on providing employees with the necessary knowledge and tools to handle their personal finances with confidence. Research indicates that a significant portion of the workforce lacks a robust emergency fund, highlighting the need for employers to step in and bridge this crucial knowledge gap.

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Fostering Financial Literacy in the Workplace

Hppy

However, in today’s modern workplace, equipping employees with the know-how they need to make informed decisions regarding various aspects of their financial lives is often neglected. The survey found that financial stress also affected other areas of employees’ lives such as their sleep, mental health, self-esteem, and physical health.

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10 Best Financial Wellness Software in 2023

HR Lineup

It provides a range of features and tools that enable users to track their financial goals, budgets, investments, and overall financial well-being. This software can be used by individuals seeking to improve their personal finances or by employers looking to support the financial wellness of their employees.

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7 Employee Benefit Trends that are Set to Dominate in 2024

Empuls

Benefits of hybrid work arrangements for employees and employers The adoption of hybrid work models, combining both in-office and remote work, has emerged as a popular solution that offers benefits to both employees and employers. These programs often cover a range of issues, from stress management to financial counseling.

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The Best Corporate Wellness Software Stack for HR Teams

Flimp Communications

Each tool or app has a role in helping employees become their best selves and helping employers achieve the many benefits of a corporate wellness program among them, increased productivity , higher engagement levels, less absenteeism, and lower healthcare costs. Get advice from HR pros in our upcoming webinar.