Financially Illiterate: Over 80% of Older Americans Fail Retirement Basics Quiz
Four out of five older Americans (ages 50-75) failed a retirement literacy quiz issued by the American College of Financial Services. The average score? 42%. The results are sad, unfortunate, and unsurprising. Americans as a whole are not financially literate, but...
Financial Wellness: Part of a broken, racist system
The disparities are far too large to ignore: Black and Hispanic families’ median wealth is about 1/7th of their White counterparts. While there are lots of reasons for this, one of them is that the system itself is built to entrap minorities in debt cycles that...
How Employees Fit into the Future of Capitalism
In the groundbreaking book Completing Capitalism: Heal Business to Heal the World, Co-authors Bruno Roche and Jay Jakub share a proven approach to business success that includes considering not just financial profits, but also the human, social, and natural impact of...
What Employees Want, Right Now
A recent survey from the National Endowment for Financial Education reported that 88% of Americans say that the COVID-19 crisis is causing stress on their personal finances. Employees want to work for companies that care not only about providing for future needs, like...
How Economic Downturns and Financial Strain Affect Employees’ Health
Here is a result that will not surprise you: both self-assessed health and actual wellness are badly damaged by financial strain. Covering the impact of the Great Recession, a study published in 2018 examined the short and long-term effects on both perceived and...
How do your employees know you care?
We know how hard employers work to provide compensation packages to their employees. Every leader in our organization has experience running a business. The costs, complexities, and challenges that come with payroll and benefits seem almost never-ending. And,...
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