Remove 2022 Remove Health Remove Retirement Remove Salary
article thumbnail

4 Ways To Financially Support Your Employees (Other Than Raises)

Allwork

Employee financial stability dropped almost 10 percentage points in 2022; more than half of the country’s workers are living paycheck to paycheck. According to Betterment’s 2022 Financial Wellness Barometer , 64% of respondents claim that financial wellness isn’t about saving for the future or planning for unsuspected situations.

article thumbnail

Have a Strategic Plan So You Can Cash Out On Your Terms

Success

Listen to this week’s episode of the rich & REGULAR podcast about our new book, Cashing Out , available on June 14, 2022, and keep reading for some thoughts about developing a strategic plan to cash out of your job on your terms. Include balances of your non-retirement accounts and other assets. Think strategically.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lessons From Past Recessions

Success

As of August 2022, the economy has already seen two months of negative GDP growth, but the National Bureau of Economic Research (NBER) hasn’t officially declared one yet. What are my basic monthly living expenses (including food, shelter, health insurance, utilities, phone, transportation and childcare)? Beef up your emergency fund.

article thumbnail

5 Different Types of Retirement Plans You Need to Know About

Success

You’re probably familiar with terms like 401(k) or Roth IRA, which are types of retirement plans. You might be less sure about the particular characteristics of these accounts or how they follow specific rules laid out by the Internal Revenue Service (IRS) to protect your retirement funds. Employers can match contributions.

article thumbnail

The Real Reasons People Are Quitting by Bonnie Low-Kramen

Bonnie Low Kramen

The news stories focus on completely legitimate reasons for why this is happening, such as staff taking early retirement, fears about Covid and not wanting to return to the office, lack of childcare, and of course, the search for better jobs at higher compensation. It costs a company 6-9 months of an employee’s annual salary to replace them.

Salary 105
article thumbnail

During a Recession, Entrepreneurs Are in the Driver’s Seat

Success

Waiting for the nation’s financial health to improve before you focus on your financial health is folly. You are the one with the power to change your financial health—and now is the time to change it. And companies that weren’t cutting jobs cut benefits, from retirement funds to healthcare coverage.

2021 246