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On the surface this seems like something that might (finally)provide relief where it is most needed. Instead of saving companies to, in theory, save jobs, this would provide real assistance to those in the most dire of circumstances. The only caution would be how to avoid an entitlement mentality and how to (eventually) end the program.
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Engaging communication strategies will be key to getting employees interested in evaluating benefit options and making more informed decisions.
From medical bills to car repairs, small expenses can create major stress for workers. Employers are responding with new emergency support programs.
As employees decide whether to stay with their employer, support tied to student loan debt and education benefits is becoming a clear differentiator.
Even high-income employees are uncertain about where to put their next dollar, highlighting the need for workplace guidance on financial wellness.
In the midst of life's challenges is when employees struggle to understand their benefits. A resource that provides personalized guidance can help.
