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How HR Teams Can Revamp PTO Policies to Meet Employees’ Financial Needs

Recruiting Daily Advisor

Although several positive economic developments have occurred recently, from job growth to falling inflation, employees still face various financial challenges, such as wage stagnation, reduced savings, and high debt levels. There have never been more ways for HR teams to provide the financial support employees are demanding.

Financial 105
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Guide to Employee Financial Wellness

Homebase

But what about employee financial wellness? Financial health is a private affair. But we don’t need to know the details about someone’s life to support them—especially when 72% of Americans regularly experience financial stress. As a business owner, reducing your team’s financial stress is a win-win.

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How Banks and Credit Unions Can Prosper in the Midst of the ‘Great Resignation’

Employment Technologies

Banks and Credit Unions have reached a pivotal moment. As labor shortages continue to grip the economy and workers reassess what’s important to them, financial leaders are looking for new strategies to engage talent and combat what is being called the ‘Great Resignation.’. Regions Bank took this approach with their branch associates.

Banking 98
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Stay Competitive in 2022 with these 5 Employee Benefits

Rally Recruitment Marketing

This has spawned what I’m calling the “Battle of the Benefits”, where many employers are upgrading their benefits packages to make talent choose them over their competitors. With this in mind, here are 5 employee benefits that, if you’re not already providing, you should consider offering (and promoting!) Mental health benefits.

Benefits 221
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Earned Wage Access: A Responsible Solution to Boost Employee Health and Retention

Recruiting Daily Advisor

Health insurance, a 401K and a little extra time off are no longer sufficient benefits to attract and retain talent. As trends evolve and Gen Z continues to join the workforce, employees are demanding enhanced benefits like work flexibility, generous compensation, additional paid time-off and wellness resources.

Retention 104
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Why It’s Important to Financially Mentor Your Employees

Recruiting Daily Advisor

Some of your employees dream of being financially independent entrepreneurs, and others fantasize about retiring early, but all of them need financial wellness. employees are weighed down by financial stress. Look at your employee’s health as a whole, including financial health. Research tells us that 63% of U.S.

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The Top Hiring Trends in Financial Services to Attract The Best Talent

4 Corner Resources Staffing Blog

These challenges are particularly evident when examining the hiring trends in financial services. Banking, insurance, accounting, and other financial-related organizations contend with intense competition for employees and a need for experienced prospects.