In the fast-paced, economically-driven world we inhabit, discussions around health often revolve around the physical and mental health. However, there’s a third dimension of well-being that is equally vital, though perhaps less talked about – financial wellness. This concept doesn’t merely pertain to the size of your bank balance or the number of assets you … Financial Wellness and Its True Meaning
The U.S. consumer has been remarkably resilient since the economy reopened after the height of the COVID-19 pandemic. People returned to restaurants, resumed travel, and spent money they had saved during lockdowns, a phenomenon dubbed “revenge spending”. This trend continues, with people spending freely at restaurants and maintaining strong retail spending, even amidst inflation. However, … The State of the U.S. Consumer: Troubled Waters Ahead?
Financial wellness is achieved by taking on “healthy” financial habits. It means being able to be proactive with sensible money habits.
When it comes to launching a successful financial wellness program, several factors can drive program success. Investing in a program is a significant first step, but it’s also essential to have a strategy when it comes to launching the program.
Step 1: Survey, Your Population – understand your populations wants and needs. Take a look at your employee’s overall health and interests.
The Wellness Industry has changed significantly over the last few years, and those changes play an essential role in the wellness vendor ecosystem. For years comprehensive wellness vendors dominated a large portion of the market.
We surveyed over 26,000 full-time working adults who have employer-sponsored health care coverage, and over 20% were currently delaying medical or dental care because of the cost. Taking control of your finances shouldn’t mean the choice of being healthy or unhealthy. But unfortunately, for one out of every five insured adults surveyed, it does.
Thinking about your finances every day is something most people don’t want to do. For most of us, thinking about finances happens when we are stressed over money and trying to make ends meet or during the time of a significant life event.
Adding extra income on the side can help you reach your financial goals faster. Here are seven ways to add additional income.
As a human resource manager, you have had the most challenging job of all. Human resources centers around people—the people who make your organization’s identity. As HR professionals, you support colleagues, some of who are their closest friends. You help your peers navigate payroll, benefits, training sessions, best practices, hiring, terminating, furloughing, and much more. These business functions were tough enough to manage before the pandemic, sometimes even underappreciated, but now you have to show up, encourage your peers, and roll out and communicate this changing work dynamic in a world full of unknown, not just for them but for you.
