To compete for top talent, companies are looking for innovative ways to stand out in a competitive labor market. Employees are looking for beefed-up benefits that support their social, physical, mental, and financial well-being.   Focusing on employee well-being is a key strategy companies use to compete for top talent. Creating a culture of wellness in the workplace is a trend that’s catching on with employers across the country. Especially with the tight labor market in New Jersey, this could be a way to stand out from the competition. A culture of wellness encourages employee health and well-being holistically by…

Financial education is becoming increasingly important in today's world, but is it worth the company's time and resources to provide such a service? Helping employees reduce financial stress can help improve wellness, retention and productivity – and cost a fraction of the time lost from overwhelmed employees.   Looking for a way to combat high turnover and stress? Financial education and wellness programs for employees may help! Not only do financial issues affect employee productivity, but they can also impact your ability to retain staff. A recent survey found that more than half of stressed employees (55%) are distracted by…

Financial stress is having a profound impact on workers, and in turn, New Jersey business leaders. Stressed employees are feeling the pinch; this can affect productivity, retention, and engagement at work. Financial education could be an easy solution that helps your employees and overall business. Many employees are having a difficult time coping with financial stress. Weathering the last several years – a pandemic, geopolitical tensions and economic uncertainty – has only exacerbated their stress levels. Unsurprisingly, elevated stress carries into the workplace impacting operational costs including retention, mental health expenses, productivity and the company’s bottom line.   Inflation, Debt…