Workers

Financial Wellness – The rise of financial stress costing $67 billion in lost productivity annually.

Financial Wellness – The rise of financial stress costing $67 billion in lost productivity annually. AMP’s 2022 Financial Wellness research shows the number of workers severely stressed about their finances is at record highs, with an estimated one million Australian employees severely financial stressed, more than doubling since 2020. Original Author: Produced by AMP and published on 07/09/2022 Source

7 Ways to improve your financial health

7 tips to improve your financial wellness What is financial wellness? How you feel, is your wellness. How you feel about your money is your financial wellness. This can be measured by the financial wellness index, which measures a person’s satisfaction with their current and future financial situation. The impact of financial stress Some days you might feel confident you can meet your needs within the boundaries of your current income, whereas other days you …

FinancialPartners 04/04/2022 01/04/2022 Blog / FP - Budgeting / FP - Credit & Finance / FP - Financial Planning / FP - Managing Money / FP - Money Management Aussie / Could / Financial / Five / impacting / Steps / stress / What / with / Workers

Worker exploitation: an epidemic within a pandemic | AMP Capital

Worker exploitation: an epidemic within a pandemic In the wake of the global economic shutdown, unemployment figures are capturing the attention of most analysists. But the headline figures mask a stark reality – for some who remain in the ranks of the employed, the global pandemic is ushering in a new period of hardship at work. As our head of sustainable investing, Emily Woodland, touched on in a piece last month1, around the world, COVID-19 …

FinancialPartners 27/05/2020 27/05/2020 Blog / E - Economics / E - Insights Papers / FP - Financial Planning chains / exploitation / Global / heightened / rising / Risk / supply / Unemployment / Vulnerable / Workers

Tax concessions, the work test and getting it right with super | AMP Capital

Tax concessions, the work test and getting it right with super Workers compensation and income protection If you are in an employment arrangement and receiving: workers compensation payments from their employer or insurer, or income protection payments from their employer, insurer or super fund …you may still be gainfully employed and satisfy the work test even though you are not currently undertaking physical work providing any payment has a connection to your employment arrangement. If …