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

Allwork

The recent Workplace Wellness Survey by the Employee Benefit Research Institute ) blames inflation for workers’ poor financial health, as 80% of respondents said that debt and an inability to plan for the future is “ a problem.” They teach employees how to budget, plan, and prepare for anything. Unfortunately, this just isn’t the case.

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Finding a Voice in the Future of Work

Success

For me, an introverted homeschooled kid without high school paper experience, it meant whatever was left: the health and safety beat. In the cold twice-daily budget meeting room, our no-nonsense beat editor called on each reporter to boldly lay out their soul—er, story idea—for review. Hint: it goes way beyond salary and PTO.

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Can I Go into Retirement Early With FIRE?

Success

It’s a movement that helps people take control of their financial independence by making trade-offs, such as extreme saving and budgeting early in their careers, to retire earlier in life—often decades ahead of a conventional retirement plan. FIRE stands for F inancial I ndependence, R etire E arly. What is the FIRE retirement movement?

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New study reveals deteriorating employee wellbeing and eroding trust in employer efforts

Workplace Insight

This comes at a time where economic headwinds, budget cuts and remote work has created a feeling of uncertainty in the UK workforce, heightening the urgency for employers to act fast or compromise employee wellbeing. A new study from Alight reveals that 64 percent of the UK workforce would rate their overall wellbeing as low.

Finance 111
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5 Long-Term Financial Goals and How to Achieve Them

Success

Your long-term goals are an important aspect of your financial health. While still making the minimum payment on all of your debt, focus on paying down high-interest debts first using extra funds in your budget. What are long-term financial goals and why are they important?

Goals 290
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7 Types of Competitive Advantages and How to Develop Yours

Success

Consider how flaxseed producers broke into the health market by differentiating themselves as high in omega-3 fats. If your budget is too limited to offer competitive salaries, what other perks do you offer ? As a personal example, I had a client who offered two night classes with equal marketing budgets.

Budget 280
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Everything You Need to Know About Emergency Funds

Success

If you have dependents, heavy debt or access to other funds, like a partner’s salary or unemployment insurance, the amount you need to save will vary. This may take months, depending on how much room you have in your budget. In a perfect world, you’d have enough room in your budget to save and invest simultaneously.