Corporate Blogs

A primary cause of stress today is personal finance, and without proper planning and guidance, it can impact more than just the individual involved. With lower financial stress, organisations could potentially be saving millions in terms of productivity. It is no surprise that companies are increasingly allocating time and resources to elevate the financial wellness …

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 …

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 …

A fixed salary offers financial security that ensures your monthly needs are met. However, rising inflation rates may make it challenging to get through the entire month. As per an EY-Refyne survey, more than 80% of employees use up their entire salary before it is time to receive the next month’s salary.  This can make …

The role of financial wellness in organisations is undeniably of utmost vitality. Complex organisational structures and modern corporate lifestyles often heighten stress levels among employees. Stress is now ranked as the top lifestyle risk factor, with more serious repercussions than obesity and physical activity. And financial concerns of individual employees are the biggest factor impacting …

Millennials’ lives are not contained by their basic salaries. As a result, a cash crunch at the end of the month isn’t uncommon. Borrowing from parents could be an option, but that is usually the last resort. Borrowing from friends is an option too, but they’re likely to be in a similar economic condition. Infact, …

By: Sudhir Dhar, Director – Group CHRO, Motilal Oswal Emotional Intelligence is a type of social intelligence that involves the ability to monitor one’s own intelligence related to emotions and also respect other people’s emotions and use this information to guide one’s thinking and action. Emotional intelligence is the ability to identify, use, understand, and …