The Tale of Two Economies: Promoting Workplace Benefits in a K-Shaped Economy
More than a year into the COVID-19 pandemic, there are signs of recovery in the U.S. Millions of vaccines have been administered, businesses and offices are reopening and life is starting to look more like it did pre-pandemic. All this is cause for optimism. Simultaneously, however, there’s abundant evidence that the pandemic has taken a financial toll on Americans, and it’s hit some harder than others. As the economy begins to bounce back, we are experiencing what is called
You Can’t Talk About That at Work: Tackling Financial FAQs
Talking about money is tricky, especially at work. While it may seem too personal for work and easier to avoid the conversation, the effects can have a lasting effect on a company. More and more forward-thinking employers are starting to overcome the stigma that surrounds talking finances at work. They are putting to rest their fear of overstepping boundaries because employees strongly value financial guidance at work. In fact, 87% of employees want help and nearly 9 out of 1
Q4 2021 Newsletter – Strategic Thinking Edition
It’s hard to believe that this year is nearing the end, but with a new one approaching comes plan sponsor responsibility and proactively thinking about 2022. Employees are still recovering from the pandemic and a K-shaped economy; whether or not employees are financially stable, they might need some advice to alleviate stress and get back on track. Employers can help by getting together with their plan advisor and discussing common employee FAQs. More and more employers are e
