Before discussing the need of financial wellness programs in the workplace, it is crucial to understand what financial wellness is. Many employees, especially at the start of their career, tend to struggle to curtail their expenses, and end up trapped in what is called paycheck-to-paycheck living. The result? Scenarios where the employee’s monthly outflow of …
Consumerism is at its peak, globally. Sales are no longer restricted to the festive seasons. With e-commerce portals announcing significant discounts almost all the time, turning away is not an option. Print and digital media are flooded with the best ever online sales, and almost everything you want is cheaper than ever. From clothing to …
Sudden expenses can come up anytime. It could be a medical bill, rent, travel booking or a simple cash shortfall before payday. In moments like these, you may wonder how can I get a loan fast or how to get instant loan without paperwork delays. Today, digital lending makes this possible. With online loan platforms …
Millennials largely depend on credit and borrowed money, far more than the preceding generations. Weekend vacations, buying a car or even sudden shopping trips may often not fit into their monthly salary. Financial institutions have long identified this problem and come up with several alternatives depending on the amount you need to borrow, the income …
By : Dhruv Anand – AVP & Head Talent Management, Netmagic Solutions In today’s times of intense career mobility and attrition, if an organization does not give its employees enough reasons to stay, or worse, gives them reasons to leave, employees are fairly likely to move to employers who will keep them happier. While employee …
With millennials’ increasing dependence on credit options in order to live their life, financial education is more critical than ever. While financial literacy has of course, a directly positive impact on employees, it also benefits employers is more ways than you may imagine. Strong financial education and better financial management skills result in employees less …
Employees today increasingly look beyond money and job satisfaction – they look for additional benefits, too. A generous employee benefits package is an essential component in attracting and retaining the industry’s top talent. Glassdoor’s Employment Confidence Survey in 2015 found that about 60% of people consider benefits and perks a significant part of deciding whether …
We have all, at some point in our lives, come across theories or studies raising questions about what motivates employees and have, more often than not, found the answers to be money and job security. None of these studies, however, can be expected to be 100% accurate because every individual is different and so is …
