Employees are taking more responsibility for financial planning, according to Financial Finesse, a company that helps workers learn to manage their money. Responding to a new poll, 47% of employees said they have taken a risk tolerance assessment, compared to 44% in 2012. Thirty-six percent said they regularly rebalance their investment accounts, up from 31% in 2012.
Greg Ward, a director at Financial Finesse, says the uptick in proactive planning signals a broader trend: “Employees are adapting en masse to a new ‘free agent’ economy where they must take responsibility for their own financial security rather than relying on financial support from their employers or the government.”
- How to Fire an Employee the Legal Way: 6 Termination Guidelines
- One-Size-Fits-All harassment reporting policies don't really fit all
- DOL grills tortilla maker, gets agreement on back pay
- California bill would turn pro cheerleaders into employees
- Audit bonus payments to discover any gender discrimination