The U.S. inflation rate has increased by 8.3% over the last year, according to the Bureau of Labor Statistics (BLS). This has led to significant price increases across various consumer goods as well as employee benefits such as health insurance. Luckily, there are some strategies employers can utilize to mitigate increasing benefits costs without shifting the burden to employees, thus remaining attractive to current and prospective employees.

The traditional weekly or biweekly concept of “payday” is engrained in many workplaces. However, some employers are exploring ways to pay their workers faster, especially those in industries that provide hourly wages or have high turnover rates. As Americans face rising costs for everyday essentials, health care and other emergencies, on-demand pay—also known as earned wage access (EWA)—allows employees to be paid as soon as they’ve earned their wages. In turn, employers are considering how to provide employees with faster access to their earnings. This article explores on-demand pay and outlines how employers are using modern payroll strategies to compete in today’s labor market.

The pandemic continues to disrupt supply chains. Amid rising inflation, you may be noticing higher prices when it comes to purchasing everyday items, dining at restaurants and fueling up at the gas pump. This article explores today’s supply chain issues, consumer pricing and your budget.

It’s hard to picture what our lives will look like after we retire. However, by saving money for our future, we can feel better prepared for what’s to come.

We’re all mortal. We know that we’ll have to face that fact… someday…But planning for our life’s end is difficult to grapple with. It’s why so many of us haven’t taken the time to craft a will or trust.