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On the Money: Making the Case for Financial Wellness Programs at Your Business
Demand for financial wellness programs in the workplace is unlikely to drop to a zero balance soon, given that 64% of today’s employees are paying off student loans; with 54% of them stressed about finances in general, according to PricewaterhouseCoopers. Furthermore, research by Prudential found the number of employers offering such programs jumped 63% in […]
Sleep Well, Work Better: 3 Reasons Employers Should Prioritize a Good Night’s Rest
In an ever-changing work landscape filled with 24/7 expectations and an always-on mentality, sleep is often the last item on the to-do list. Sometimes it’s overlooked completely. Indeed, Harvard research found that insomnia leads to the loss of 11.3 days’ worth of productivity each calendar year, or $2,280 per worker. According to Forbes, insomnia may […]
Money Matters: How EAPs Help Employees with Financial Stress
They say money isn’t everything. But try telling that to someone who’s having financial difficulties. For them, it can seem like the end of the world. It’s distracting, stressful and can lead to feelings of utter hopelessness. Inevitably, we all face financial uncertainty in our lifetimes. In fact, recent data shows an overwhelming majority of […]
Don’t Miss Out on the Value of Your EAP Reports
According to the Society for Human Resource Management, 62% of employers outsource their Employee Assistance Program (EAP). Even if you use an external service for your EAP, the reality is your HR department still serves as the liaison between your employees and that provider. A key part of that role includes interpreting the results of […]
Your Solution for Employee Holiday Stress: EAP
The holiday season can be full of highs and lows: Finding and buying the perfect gift for those you love – but also, added financial anxiety. Finding ways to relax during time off – but despite our best efforts, thoughts of the looming backlog of work. Parties to throw and attend – and the continual […]
How HR Can Help Employees with Mental Wellness
According to the National Alliance on Mental Illness, one in five American adults lives with a mental illness, and one in 25 lives with one that seriously interferes with major life activities. Among individuals aged 18-44 – a large group of working-age Americans – mental health disorders such as major depression and bipolar disorder are […]
Commitment Issues: How EAPs Can Benefit Employees’ New Year’s Resolutions
Lose weight, quit smoking, eat healthier, save money: Any of those ring a bell? According to Statista, over 30% of Americans had one or more of these aspirations on their New Year’s resolution list. Unfortunately, even the most well-thought-out New Year’s resolutions usually don’t come to fruition. In fact, almost half are broken by the […]
How to Remove the Stigma of Utilizing an EAP
You don’t know me, but I’m gonna get real here: Several years ago, I faced the Absolute Worst Time in My Life. While such things never operate on a convenient schedule, this one arrived at a most inopportune time: shortly after I began a new job. The circumstances in my personal life were so enormous, […]
The Human Side of Business: Making the Case for an EAP
The employer-employee relationship is just that — a relationship. And relationships come with certain expectations, even in the business world. Employees want to feel they’re being taken care of. After all, they’ve committed themselves and proven their worth to you. That’s why you hired them. In exchange for their commitment, they expect to be paid […]
3 Tips for Effectively Communicating Open Enrollment
It’s that season again! Pumpkin spice, football, sweaters, open enrollment, falling leaves … While most non-HR people don’t add open enrollment to this particular list, the fall season brings just that to many organizations. Employees are gearing up to make big decisions regarding health insurance and other benefit options, which can be stressful not only […]
7 Questions to Ask Your Employees After Open Enrollment
Let’s be open about the importance of open enrollment: The benefits you offer not only help attract talented people to work for you, but help keep those valued employees from fleeing to the competition. Research proves it. According to last year’s findings of Aflac’s annual WorkForces Report, at 80%, a strong correlation exists between employees’ […]
Student-Loan Matching: Considerations for Your Business
College tuition is a bigger strain on the bank account than it used to be, and recent graduates know this all too well. In fact, student loan debt has escalated to new heights, with 44 million people owing more than $1.5 trillion. For the ever-ballooning generation of millennials feeling this financial burden, that’s a lot […]