Everyone is breathing a sigh of relief these days. It seems the worst of COVID-19 has moved on, and business and public life are more open and more unrestrained. It is only natural to feel more relaxed, but we are not out of the woods. There are stories and rumors…
There is a sense of optimism once again in the workplace. People are getting back to the office and others are working from home. Productivity is going up and so, too, is morale. Employees are looking ahead to future purchases and vacations. The challenge is how to afford it all.…
People will make mistakes, and some are harmless and easy to correct. Unfortunately, others are not and can lead to terrible consequences. COVID-19 has generated situations that led to poor decisions that can threaten the well-being of a person. Changes Made People Desperate Household incomes went down despite the stimulus…
It is the 800-pound gorilla in the living room. College debt has ballooned in the last few years, and it is a fact of life for many young employees. These tech-savvy workers paid for their education with loans that were in the figures and more. The repayment schedule will be…
Employees appreciate those benefits they can use. The services that help them solve problems mean a great deal. People coming back to work from COVID-19 may be encountering many challenges they never had before. Medical bills may be on top of the list. Scary Invoices High deductibles and copayments are…
We all were required to adjust during the pandemic. Furloughs and cuts in hours were all part of the sacrifices employees accepted, but there were still financial problems. Stimulus checks certainly helped but people still struggled. The working world is now coming out of the COVID-19 restrictions. It is great…
Employees need service, which is the primary reason for employee benefits. Employers are good at providing traditional assistance such as group health and life insurances, but employees will need more in the coming months. We are returning to work from COVID-19, and people must have some help to get things…
The 2021 PwC Employee Financial Wellness Survey has sobering information for organizations as they begin adjusting to business after the pandemic. Financial stress has become a serious problem that employers cannot ignore. Approximately 63% of those surveyed reported that financial stress has increased since the start of the COVID-19 pandemic.…
Dealing with money became a severe issue at the height of the COVID-19 pandemic, and it has not gone away. People are frustrated and nervous about what to do with personal finances. Research supports this observation. The 2021 PwC Employee Financial Wellness Survey discovered that approximately 63% of respondents reported…
Financial advisers will tell their clients that planning is critical for security. Such suggestions became very sound advice when COVID-19 hit the economy. Many people were not ready for the emergencies that cropped up, and the pandemic placed their financial wellness in serious jeopardy. A good resolution is never to…