Employee Outcomes

Thanks for the Memories: Gratitude and Financial Wellness
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
So much about financial wellness has to do with cultivating a mindset that favors delayed versus immediate gratification. In the language of behavioral economics, the tendency to prefer short-term rewards is called hyperbolic discounting. This often leads to more impulsive decision-making, and it can feed excessive personal debt and hamper retirement readiness over time, whereas  Read More →
Financial Wellness Needs a Long and Short Game to Work for Both Participants and Organizations
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
In the retirement plan industry, all too often we tend to conflate financial wellness with retirement readiness… …whether that means confidence in obtaining retirement goals or being on track to reach post-employment financial targets. However, that limited view may fail to paint a complete picture for many participants. For example, the New York Life Wealth  Read More →

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