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Employers Struggle to Address Rising Financial Stress Across the Workforce

Allwork

Rising financial stress among younger generations of American workers is impacting workplace productivity, mental health, and overall well-being across the workforce, despite employers’ best efforts to put these worries at ease.

Stress 219
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Navigating Mental Health as a Digital Nomad

Success

This lifestyle has been glamorized in recent years, with social media presenting the dream of flexible work, affordable living and stunning landscapes. However, the reality of the digital nomad lifestyle , like any other lifestyle, is that it is neither perfect nor for everyone. Sonia Jaeger, Ph.D.,

Health 246
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Money Remains a Top Stressor for U.S. Adults—Here Are Some Tips to Better Manage Stress (and Finances)

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Money and Stress in America. For years money has been a leading cause of stress for most Americans. Since 2007 the American Psychological Association has conducted an annual survey called “ Stress in America.” Debt plays an overwhelming role in this stress. Beatty is hardly alone. So how much is enough?

Stress 264
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Financial Wellness Journey For Lasting Financial Well-Being

Success

Financial wellness is maintaining a healthy relationship with your finances. Achieving financial wellness means reducing financial stress, improving decision-making and boosting your happiness. It’s an essential part of our overall health, contributing to peace of mind and a better quality of life.

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5 Ways To Avoid Well-Being Washing And Provide Authentic Support To Employees

Allwork

Genuine efforts to support employees include fostering real work-life balance and leading by example, having open conversations about mental and physical health, and adopting self-care programs. Microsoft’s 2022 Work Trends Index shows that 53% of workers are more likely to prioritize their mental health over work.

Health 320
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Want to Retain Your Team? Offer Financial Well-being Programs

Allwork

77% of employees say financial stress is affecting their mental health, and 52% said it’s impacting their physical well-being. . Employee financial stress is at an all-time high, according to HR Morning. 77% of employees have said it’s affecting their mental health, and 52% said it’s impacted their physical well-being.

Finance 284
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New study reveals deteriorating employee wellbeing and eroding trust in employer efforts

Workplace Insight

31 percent would like to see more robust wellbeing benefits introduced within their company Mental wellbeing Personal finances (59 percent) and job challenges (55 percent) rank as the top sources of stress, while 29 percent of employees say their mental health has declined due to the current economic environment.

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