Flimp Communications

MARCH 4, 2020

There are five basic contributors to financial wellness. Financial counseling , especially from professionals, can help people understand and manage the first two. What employers offer for insurance and benefits packages is crucial for long-term financial wellness as retirement accounts and employer contributions come into play.

401(k) 81

401(k) Financial Counseling Benefits Package Finance 81

eni

OCTOBER 18, 2018

Financial Counseling – Connecting employees with Financial Professionals allows them to seek guidance as they experience specific challenges. Those that choose to meet with a counselor can move forward with a road map toward financial stability.

401(k) 68

401(k) Financial Counseling Pay Raise Benefits Package 68

Employee Benefits

SEPTEMBER 16, 2024

For example, 11 million adults have under £1,000 in savings, according to the Resolution Foundation; UK adults’ average unsecured debt was £3,797 in 2022, according to The Money Charity; and two in three UK employees are refused bank loans, while one in three run out of money before payday, according to Salary Finance.

Pension 59

Pension Employment Financial Counseling Banking 59

Hppy

SEPTEMBER 6, 2024

This encompasses both work-related benefits such as understanding how to maximize employer contributions into their 401(k)s or choosing the right investment options when it comes to their pension plans as well as learning how to manage their personal finances in more efficient and effective ways.

401(k) 41

401(k) Finance Financial Counseling Retirement Plan 41

Hppy

MARCH 28, 2023

In addition to offering flexibility, companies can also provide employee-centric benefits, like financial counseling. Research has shown that this benefit can help employees manage their finances and reduce stress, improving their overall well-being.

Financial Counseling 74

Financial Counseling Media Finance Technology 74

Abel HR

NOVEMBER 5, 2024

Financial Wellness Programs Financial stress can significantly impact an employee’s performance and satisfaction. Paid Time Off and Parental Leave Generous paid time off (PTO) policies and parental leave options are highly valued perks.

Employee Retention 52

Employee Retention Parental Leave PTO Financial Counseling 52

Flimp Communications

DECEMBER 19, 2024

Nevertheless, most people feel pessimistic about the economy in general and their own finances in particular. Unfortunately, nearly everyone is currently experiencing some level of financial anxiety. According to a recent survey by Capital One and The Decision Lab : 77% of Americans say they are anxious about their financial situation.

401(k) 52

401(k) Financial Counseling Finance Education 52

Flimp Communications

OCTOBER 18, 2024

During open enrollment, employees must learn (among other things): The differences between benefit plans and how those differences can impact their health, their family, and their finances. How to participate in wellness program offerings, mental health benefits, financial counseling, and other non-traditional benefits.

Education 98

Education Financial Counseling Health Insurance Deductible 98

PeopleStrategy

MARCH 11, 2024

Understanding the Financial Literacy Gap Financial literacy is an area often overlooked in traditional education, leaving many employees grappling with the complexities of investments, stock markets, let alone basic savings accounts and emergency funds.

Financial Counseling 52

Financial Counseling Retirement Plan Education Finance 52

HR Lineup

SEPTEMBER 29, 2023

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.

Software 52

Software Retirement Plan Financial Counseling Education 52

Higginbotham

MAY 21, 2024

Financial Wellness: Money can be a major source of stress and anxiety for many workers. By helping employees take charge of their finances, employers can also support improved mental well-being. Flexibility: Managing personal and professional obligations can be stressful, especially with a rigid work schedule.

Health Savings Account 52

Health Savings Account Health Insurance Financial Counseling Disability Insurance 52

Empuls

FEBRUARY 26, 2024

  Employee assistance programs (EAPs) provide confidential counseling services to help employees navigate personal and work-related challenges. These programs often cover a range of issues, from stress management to financial counseling.

Employee Benefits 40

Employee Benefits Financial Counseling Healthcare Retirement Plan 40

Flimp Communications

OCTOBER 25, 2024

Nearly two-thirds of Americans don’t think their finances will improve this year , and three-quarters are anxious about their financial situation. Related: Five Financial Wellness Ideas for Your Employee Wellness Program. “How do I maximize my refund?” Have I made safe investments?” Will I lose it all?”

roth 401(k) 52

roth 401(k) 401(k) Flexible Spending Account Taxes 52

Empuls

MARCH 20, 2023

Financial counseling Losing a job can be a financial blow for employees, so companies can offer financial counseling services to help them navigate their finances during this difficult time. Financial counseling and wellness support are also becoming more common as an employee benefit.

Financial Counseling 40

Financial Counseling Human Resources Consulting Government 40

Empuls

DECEMBER 29, 2022

  💡 45% of workers say their finances pose a distraction at work. Source : PwC ) What is financial wellbeing? Financial wellbeing refers to being secure and in control of your finances, both in the present and future. Q: How can employers evaluate the financial wellbeing of their staff?

Family and Medical Leave Act 52

Family and Medical Leave Act Disability Insurance Retirement Plan 401(k) 52

Empuls

APRIL 22, 2024

  Even the most rational person can fall victim to decision fatigue, leading to financial choices they might regret later.    Why are employees drowning in financial stress?    According to pwc, 60 % of full-time employees are stressed about their finances.

Employee Benefits 40

Employee Benefits Family and Medical Leave Act Benefits Package Health Insurance 40

Hppy

OCTOBER 24, 2023

Employees who have access to financial education and tools, including videos, classes, and coaching, are more likely to increase savings and feel less overwhelmed by debt. These programs not only support individuals in managing their day-to-day finances but also contribute to their long-term financial security.

401(k) 36

401(k) Human Resources Financial Counseling Education 36

HR Digest

NOVEMBER 9, 2023

Cross-Functional Collaboration Encourage collaboration between HR, finance, and departmental leaders to collectively design and review the compensation system. Financial Support Include benefits that address employees’ financial well-being.

Compensation System 52

Compensation System Family and Medical Leave Act Salary Parental Leave 52

Empuls

OCTOBER 11, 2023

Financial counseling Offer financial planning and counseling services to help employees manage their finances. Financial wellness programs can provide valuable advice on budgeting, investing, debt management, and retirement planning, contributing to employees' overall well-being and reducing financial stress.

Bonuses 40

Bonuses Retail Food Benefits Package 40

Money Talk

NOVEMBER 27, 2024

I recently returned home from the 2024 Symposium of my professional “home,” the Association for Financial Counseling and Planning Education® or AFCPE®. This conference serves an amazing mix of researchers, practitioners, and educators whose work positively impacts the financial wellness of U.S.

Education 112

Education Financial Counseling Finance Banking 112