Supporting Your Employees’ Finances With More Than a Paycheck
Currently, the United States holds the title for the world’s highest national debt, ringing in the first quarter of 2023 with $30.1 trillion.
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Currently, the United States holds the title for the world’s highest national debt, ringing in the first quarter of 2023 with $30.1 trillion.
If you’ve ever checked your bank account and said, “Wait. What the heck? Where did all my money go?” This blog is for you.
Are your employees starting the day stressed, tired, and disgruntled because of their commutes? This doesn’t have to be your company’s reality. Edenred Commuter Benefits Plans can solve your employees’ commuting problems and be a catalyst for improving your company’s efficiency and reputation.
Are you using all your Lifestyle Spending Account (LSA) can do? You’d be amazed at how many people aren’t fully aware of the extensive list of eligible expenses that Edenred LSA plans cover. This guide is here to change that. We’re going to unlock the full potential of your LSA, ensuring you’re not missing out on any benefits. From wellness to personal development, we’re going to explore all the ways your LSA can contribute to a better work-life balance, financial well-being, and more.
You know the feeling; you’re having a great day. Sun’s out. Bills are paid. You’re finally about to check out that new brunch spot you’ve heard so much about, and then the “Check Engine” light comes on.
Financial well-being plays a role in our physical and mental health. And because of this, it also plays a role in how well we’re able to produce at our jobs. Your bottom line depends directly on your employees’ financial well-being.
For many Americans, the holidays are truly “the most wonderful time of the year.” But oftentimes, it’s also the most expensive and can lead to budgeting issues in the New Year.
On average, Americans spend roughly $1,000 celebrating the holidays. And this year, despite inflation – consumer spending is up. Most notably, spending is up 25% for those low-income earners – likely due to the fact that people spent less during the pandemic years.
Did you know that the financial health of your employees has a lot to do with your business as a whole? It’s true!
Brokers are seeing changes in benefits
Did you know that over a third of employees don’t understand their benefits? And it’s even higher for younger workers at 54 percent. When your employees enroll for benefits during the open enrollment period, they may not know what they are in for.