Around the globe, workers of all incomes and asset levels are faced with growing financial challenges. Many struggle with consumer debt, rising costs of living, job insecurity, caring for children and aging parents, and more. While juggling these stressors, employees also struggle to build emergency savings, plan for short and long-term financial goals, and prepare for retirement.
Creating a world where having a financial plan is never out of reach
The LearnLux Financial Wellness Blog
National Employee Wellness Month, observed each June in the United States, provides an opportunity for employers to prioritize the overall wellbeing of their workforce.
Financial wellness is an important aspect of overall wellbeing. Defining what it means to have “good” financial wellness is an essential first step in developing effective programs and initiatives to support the financial wellbeing of employees.
Which financial wellbeing program is right for your employees? It’s a question on many HR and Benefits professionals mind's today.
For employees of all income levels, mental health and financial wellbeing are deeply interconnected. Financial problems can cause significant stress, anxiety, and depression, which can in turn lead to a range of mental health issues. Mental health issues can, in turn, lead to financial problems. This creates a vicious cycle that can be difficult for employees to break.
May is Mental Health Month in the United States, a time when mental health awareness takes center stage. How can benefits teams promote understanding, reduce stigma, and encourage employees to take care of their mental and emotional wellbeing?
As an HR or benefits professional, you understand the importance of supporting your workforce's financial wellbeing. It’s not only about helping them manage their finances, but also about improving their overall health and wellness. This has a positive impact on their productivity and engagement at work.
Financial Literacy Month is celebrated in the United States each April. It provides an excellent yearly opportunity for HR and benefits professionals to promote financial education and wellness resources in the workplace.
Financial stress is a leading cause of concern for employees, affecting their overall wellbeing and productivity. By understanding the sources of financial stress in the workplace, organizations can provide targeted initiatives that drive real results.
Attention benefits professionals; big changes are coming to your employee retirement readiness and financial wellbeing strategies.