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August 23, 2018
Employer helping employees with financial wellness
According to PwC’s 2018 Employee Financial Wellness Study, which tracks the well-being of full-time employed U.S. adults, “close to half [46%] of all employees say they are stressed about their finances. And when asked what causes them the most stress in their lives, nearly twice as many say financial matters as compared to job stress;...
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Teaching employees their benefits
According to the 2017 Prudential/PlanSponsor Executive Benefits Survey, the overall rate of companies offering nonqualified deferred compensation plans (NQDCPs) increased to 85 percent in 2017 from a survey low of 77.2 percent in 2015. And why should you care? NQDCPs represent an extremely attractive tax-deferral vehicle to help highly compensated employees save for retirement or...
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