A financial wellness blog by the experts at Enrich
High turnover rates impact company culture, productivity, engagement, and overhead. The attrition rate is the term used for the amount of money employers lose due to employees leaving. Because no two employees make the same amount, the cost of attrition
Continue ReadingProviding content that is tailored to customer attitudes at each stage of the buying cycle increases the number of positive interactions customers have with your brand and can help with building trust towards a final purchasing decision.
Continue ReadingFinancial wellness programs are best designed with learners’ goals at the core of each program. Every demographic has different interests, and different time-frames for financial goals--some learners may be looking into...
Continue ReadingFinancial pressures place strain on marriages, delay major purchases and stagnate the overall economy. While a focus on Health initiatives definitely has its place, focusing on the top causes of stress can help reduce the costs of stress-related health
Continue ReadingThe 4 Stages of Competence, or the Conscious-Competence Model, is a framework for behavior change (Cannon, Feinstein & Friesen 2010) measured across two dimensions: Consciousness-Unconsciousness and
Continue ReadingIn 2008, the global recession reached economic levels reminiscent of the Great Depression of the 20th century, and the global market place did a lot of shifting that people are still getting used to. The U.S. has pulled out of the recession very recently
Continue ReadingAccording to the 2015 Student Loan Burden Report, college graduates are postponing marriage, delaying major purchases such as houses & cars, and are postponing moving out of their parents’ house. The amount of debt accrued by these graduates has more than
Continue ReadingWhen creating a financial wellness program, there are many design options available. Enrich uses a holistic approach that seeks to engage and develop the physical, emotional, mental, and spiritual aspects of each employee.
Continue Reading"Arguments about money is by far the top predictor of divorce," said Sonya Britt, assistant professor of family studies and human services and program director of personal financial planning. "It's not children, sex, in-laws or anything else. It's money..
Continue ReadingProviding employees with financial education is only the first step to building a reliable and productive workforce—the next step is getting them to participate. Here are 5 strategies you can use to make the most out of your investment—strategies
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