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Financial wellness has become one of the top concerns for employers and employees alike, throughout the world. The increased sensitivity of several organisations towards their employee’s financial wellness is extremely visible from the Bank of America Report, titled “ 2020 workplace benefits report”. In the said report, it was recorded that as many as 62 …
Continue reading “Here’s How To Get Started on a Financial Wellness Program”
Compiled By: Xama Mehta About Xama: She is an experienced, progressive Assistant Manager Human Resource at eInfochips. She has worked for over 9 years across several domains – Employee Relationships, HR Operations & engagement. Ever wondered how a matriarch or the female-dominated world would look like? Well, growing up, I didn’t.This decade, times seem to …
Financial wellness programmes are gaining popularity these days as a key responsibility for employers and a necessity for employees. However, merely implementing a financial wellness program is hardly adequate in today’s times. It is also essential that the efficiency of such a program is routinely measured, with a review of several Key Performance Indicators from …
Continue reading “A Guide To Financial Wellness Program Key Performance Indicators (KPI)”
Financial stress is undoubtedly one of the most prevalent and widespread concerns among the working class, especially millennials who are inching closer to retirement every day and have not yet established or opened a retirement savings fund. Millennials are different from their predecessors in more ways than one- they have witnessed and pulled through two major …
Continue reading “How HR Can Help Millennial employees In Financial Planning”
While our country advances and the GDP of the country is on a steady rise ever since 1991, the participation of women in the workforce has been seeing a declining trend. From the year 2004- 2005 where it was 42.7 percent, it has fallen to a mere 23.3 percent in 2017 to 2018. According to …
Continue reading “How To Take Care Of Your Women Employee In your workplace”
Asking questions makes people nervous, and asking for a raise, more so. Those moments could be nerve-wracking and stressful. It seems like an extremely difficult task where some employees wait for several months before asking for a raise. Asking for a raise might be necessary, albeit being an uncomfortable task, so we, at EarlySalary, have …
Financial wellness has acquired considerable importance in the contemporary times, from the perspective of both the employer and the employee. It is because of its positive impact upon all stakeholders involved that a financial wellness programme is being called as the must-have benefit of the recent times for any kind of workspace. While it is …
Continue reading “Time To Decide Financial Wellness For Your Multigenerational Workspace”
Whether it’s a holiday, investment, or even something as small as purchasing an item online, we all have fallen short of having enough money at least once. The bigger challenge is, however, finding a trustworthy lender when the need arises. Of course, there are websites that allow us to apply for an online personal loan, …
Continue reading “How To Find The Best Lender For All Your Financial Needs”
With salaries getting simultaneously competitive and harder-to-live-on, financial wellness is a term we’re all increasingly becoming familiar with. It’s also being rolled out as part of the policy in many corporates. While it isn’t exactly a fresh concept, many are still divided on whether financial wellness programs are an additional perk or a core expectation …
Continue reading “Financial Wellness Programs: Perks or Necessity?”
Every healthy company culture is mindful of including programs and initiatives to contribute towards their employees’ overall well-being, especially when it comes to upskilling and educating them regarding important subjects such as financial literacy. Investing in financial literacy programs and workshops can help organizations relieve employee stress and significantly improve retention rates in the long …
Continue reading “The relationship between investing in financial literacy and employee retention”
