How are your employees feeling, financially? With the state of our world today, many HR teams want to know, yet are hesitant to ask. Thankfully, PwC has your back with their 9th annual Employee Financial Wellness Survey.
We Help Employees Feel Good About Their Finances
The LearnLux Financial Wellness Blog
Ready for a not so fun fact? The IRS reports that the average American spends 13 hours and $200 dollars preparing their tax return.
This heavy burden of money and time makes it no surprise that tax season stress spills over into the workplace. Now more than ever, employees are turning to their HR teams for help.
Millions of Americans make New Year's resolutions and head into January feeling capable and motivated. Yet, many struggle to make progress towards their goals and nearly 80% give up entirely by mid-February.
A quick search of "financial resolutions for 2020" brings up articles like this with jargon like eliminate high-cost, non-deductible consumer debt and match repayment terms to your time horizons.
If you need a financial dictionary on hand just to set your goals, how can you be expected to reach them?
"Will financial wellness ever be as ubiquitous as healthcare? "
To some, this question might conjure up images of a far away future, in workplaces that look much different than they do today.
But Karlos Guerra, Benefits Consultant at Lockton Companies, has already witnessed this emerging benefit gain a ton of traction. For him, a world where companies prioritize employee financial wellbeing as much as physical and mental wellbeing isn't far off at all.
What is keeping your hard-working employees up at night? No, it’s not nightmares from the latest horror movie to hit Netflix. It’s their financial fears.
Killer clowns. Flesh eating zombies. Blood thirsty vampires.
When it comes to Halloween, the more horror the better.
But as we get older, our fictional fears start seeming less freaky, and the real adult scaries start to set in.