How a Mentorship Program Can Drive Your Diversity, Equity, and Inclusion Strategy
Creating an inclusive work culture has many benefits, but it can often take a long time to achieve. If you’re part of an organization that is in the beginning stages of implementing a Diversity, Equity, & Inclusion (DEI) strategy, a mentorship program is a good way to move your DEI efforts forward. Mentorship programs provide one way to create a…
Employee Resource Groups (ERGs) and their Importance in the Workplace
Employee Resource Groups (ERGs) are an important element of DEI. What are ERGs, and how can they work within your company? What is an Employee Resource Group or ERG? An Employee Resource Group is a group of employees with shared and similar identities or interests. They may be characterized demographically by categories such as race, gender, sexuality, or physical ability.…
Budget Planning: Make Room for DEI
Making DEI Efforts a Part of Your Ongoing Fiscal Planning At the end of each year, companies spend time fiscally planning their initiatives for the upcoming year. Just as other projects require budgeting, so do your intended Diversity, Equity, and Inclusion (DEI) efforts. You can only meet your DEI goals if you set aside dedicated funds. It is, therefore, essential…
The Financial Literacy Racial Disparity
Acknowledging the Issues, Addressing the Causes, and How Implementing DEI Strategies Can Help The month of October recognizes the importance of financial planning. October is both Economic Education month and National Financial Planning month. On first consideration, it may seem that these themes do not relate to our DEI efforts. However, when we view these themes from a different perspective,…
4 Ways to Improve Employee Morale with Financial Wellness
There is a war for talent right now, and employers need to be competitive to get the best candidates. High salaries alone may not cut it, which means you need to get creative with the benefits you’re offering. Mental health, and how to support your employees, has been a popular topic of discussion in the business world. In a recent…
How to Talk to Your Employees About Their Future Retirement
You can never really predict when someone may leave your company. They may find another opportunity elsewhere, they may decide to move out of the country or take an opportunity better suited for them. But when you have team members that are getting close to the retirement age, you may be wondering what their plans are. It can be difficult…
Benefits of offering a 401k plan through a PEO
Employers today need to be competitive about their employee benefits to attract talent and retain their best employees. One of the most important benefits an employer can offer is a 401(k) plan. Candidates often think about their financial futures when considering a new employer, and a 401(k) plan helps them to prepare. But a 401(k) plan can be a lot…
PrestigePEO Partners with FinFit to Offer Financial Wellness Resources
PrestigePEO, a leading professional employer organization (PEO) that partners with small and mid-sized businesses throughout the United States to deliver full-service HR solutions, is excited to announce a new partnership with FinFit to offer clients and their employees access to a comprehensive suite of financial wellness resources. FinFit enables employees to achieve greater financial well-being through a wide range of…