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Commuter benefits (20)

First & last mile problem: Why it matters

The term “last mile” may bring to your mind the supply-chain management of any e-commerce company. This usually talks about proven ways used to handle logistics.
However, whether it is goods or people that move, transportation poses specific concerns, which are known as first and last mile challenges.
For example, let’s look at public transit systems used to reach your office place and return home. The first and last mile here represents the distance you cover between the transit stop and your final (office) destination.

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Employee financial wellness programs on the rise

While in 2013 only 13 percent of employers felt extremely responsible for employees’ financial awareness, that number has skyrocketed to 62 percent in 2020, according to a Bank of America survey of 808 businesses that have a 401(k) plan.
There are many reasons financial wellness has become so important. To employees and employers. First, employers have found that financial wellness increases employee engagement.
It’s also becoming more important than ever to make sure people are able to handle unexpected financial situations. Plus debt, particularly student loan debt, is become a major stressor for employees.
In fact, managing finances is the top stressor for employees, according to PwC, and that stress is so bad it often becomes a distraction at work.

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