The rising cost of living and stagnant wages are creating unprecedented financial stress for workers.
So what role should employers, and HR departments in particular, play to help staff manage their own money?
During the past 12 months, 30 companies in Australia (including banks, utilities, unis, lawyers and investment firms) and non-profits have rolled out programs to promote ‘financial resilience’ for their staff.
These companies are part of the Financial Inclusion Action Plan (FIAP) program. The FIAP efforts include education sessions for young workers (who are more inclined to spend than save), financial workshops for people with disabilities, a…
Read the full article at: https://www.hcamag.com/hr-news/should-hr-help-staff-to-manager-their-money-248423.aspx
