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In Retirement, Olympic Gold-Medalist Michael Phelps Is a Mental Health Advocate

Success

He doesn’t subscribe to or promote a rosy belief that all is well and all will be well. He has been transparent about his mental health struggles , including describing a crippling bout with depression in which he didn’t leave his room for four days. But optimism is not Phelps’ default position. We don’t want to be stuck.

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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

Allwork

High financial stress among employees, including those with high incomes, can lead to mental and physical health impacts, which cost businesses in lost productivity. Employers can play a key role in promoting this literacy by providing access to resources, tools, and education that empower workers to make informed financial decisions.

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Want to Retain Your Team? Offer Financial Well-being Programs

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77% of employees say financial stress is affecting their mental health, and 52% said it’s impacting their physical well-being. . 77% of employees have said it’s affecting their mental health, and 52% said it’s impacted their physical well-being. Employee financial stress is at an all-time high, according to HR Morning.

Finance 291
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How to Know If You’re Financially Ready to Start a Business

Success

Marketing and sales strategy: How will you get in front of your target audience and promote your offering? Are you currently earmarking 15% to 20% of your income for retirement? But if you’re starting a business, then you generally won’t have income to put toward retirement at first. What are their responsibilities?

Expenses 341
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How to Define and Plan for Financial Freedom

Success

Conventional financial advice tells us to earn more money and increase our net worth, and the internet is full of tips to help you get a promotion or start a side hustle. Look at things like health care, groceries, utilities, and insurance. Check it out and then continue reading for tips to help you reach financial independence.

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

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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. So what can companies do?

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“Boss Loss” Is Looming: What Is It, And How Does It Impact The Future Of Work?

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Firms are not going far enough or fast enough to achieve diversity, equity and inclusion and support employees’ mental health. What we didn’t see through the initial wave of people, either resigning or starting new careers or retiring altogether, was a significant shift in the leadership roles.

Health 313