Chances are, the fact that it's National Payroll Week hasn't made much of an impact on your day-to-day existence. Heck, even Labor Day granted us some much-needed time off. But this week-long holiday (September 1-5) can provide a valuable opportunity to talk with your employees about effective savings.
New CareerBuilder.com data suggests that half (47%) of all workers usually or always live paycheck to paycheck just to make ends meet. Four in ten (42%) would need an extra $500 per month to live comfortably. Men are more likely to save than women, data suggests. An average of one in five workers goes over their set budget each month.
"Workers who are facing challenges in this area may want to reevaluate where their funds are being allocated, so they can identify opportunities to reprioritize, recoup savings and lighten their financial burden," says Rosemary Haefner, vice president of human resources for CareerBuilder.com.
Consider helping your employees out by holding a Paycheck 101 this week or
honoring "Money Matters National Education Day" (today) by sending out a list of ten quick savings tips to your employees.
For free e-greetings, tips and more info, go to www.nationalpayrollweek.com.
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