There Are Significant Negative Economic andPersonal Impacts of “Life Change Events” onEmployees and Employers Alike
July 1, 2024
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Do the personal life events of employees have a negative economic impact on your business? The answer is “yes.”Our CEO and Founder, Katie Lynch, writes here for the July edition of Employee Benefit Plan Review.
Do the personal life events of employees have a negative economic impact on your business?
The answer is “yes.”
Do your employees expect to receive employer support for their life and caregiving events?
Again… a resounding “yes!”
A recent study has found that life change events such as divorce, bereavement, and caregiving can profoundly affect individuals both personally and economically. These events often bring about significant challenges that extend beyond the individual's personal life and can therefore also have far-reaching consequences in the workplace. Understanding these impacts is crucial for employers looking both to provide adequate support to their valued teams, but also to maintain productivity and well-being in the workplace and to manage corporate risk.
Please see July-August edition (volume 78) of Employee Benefit Plan Review for full article.
The answer is “yes.”
Do your employees expect to receive employer support for their life and caregiving events?
Again… a resounding “yes!”
A recent study has found that life change events such as divorce, bereavement, and caregiving can profoundly affect individuals both personally and economically. These events often bring about significant challenges that extend beyond the individual's personal life and can therefore also have far-reaching consequences in the workplace. Understanding these impacts is crucial for employers looking both to provide adequate support to their valued teams, but also to maintain productivity and well-being in the workplace and to manage corporate risk.
Please see July-August edition (volume 78) of Employee Benefit Plan Review for full article.
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