Minding Your Business #37: Financial Wellness in the Workplace

By Fairport Wealth

Minding Your Business

Information for Entrepreneurs & Those Who Serve Them

Financial Wellness in the Workplace

The last two years have been financially difficult for many people and their families. However, this places business owners in a unique position to help improve the financial well-being of their employees. This month, Wealth Advisor Tyler Colton shares the benefits of financial wellness programs in the workplace both from the employer and employee perspective.

Additional Resources for Business Owners

Entrepreneurs Corner – EOS

Which is greater, to have an idea or to implement the idea? In the EOS world there are five things that separate great companies from the rest and it has to do with how these successful organizations implement in different areas.

Click here to read “All Great Companies Have 5 Things in Common” to understand where focus and questions can have the greatest impact.

Looking for more EOS tools and insights? Then don’t miss our upcoming seminar led by EOS coach Jill Young, The Thinking Advantage: Problem Solving, Accountability & Exponential Growth, on June 16th!

Middle Market Corner

In this post-pandemic world, many companies have embraced hybrid or remote working environments. As with any change, this can bring a unique set of challenges and opportunities. Being thoughtful about how remote employees are managed can have a meaningful impact on employee engagement.

Click here to read “How To Manage Remote Work Teams” to better understand how to get the most out of your employees.

Family Business Corner

It can often be a struggle for family business owners to treat family members and non-family members employees equally. As the saying goes, “What is fair is not equal, and what is equal is not always fair.” This can be a never-ending challenge for many families, however, approaching decisions around wealth so as to not to create a sense of entitlement is just as important.

Click here to read “Wealth is a Gift, Not Entitlement” to learn best practices how to handle equity with equality.

Wealth Management Corner

Given the continued volatility in the markets we thought sharing some perspective that separates noise from news would be in order. Having objective insights to make informed decisions rather than emotional ones is how families stay on a wealth-creating and preservation path.

Click here to read Fairport Wealth’s May Perspectives for a quick update on the markets and economy.

Andrew R. Connors, CFP®, CEPA

Business Owner Leader
Partner, Fairport Wealth
(216) 431-2754
Click here to schedule an appointment.

Fairport Wealth is a group comprised of investment professionals registered with Hightower Advisors, LLC, an SEC registered investment adviser. Some investment professionals may also be registered with Hightower Securities, LLC (member FINRA and SIPC). Advisory services are offered through Hightower Advisors, LLC. Securities are offered through Hightower Securities, LLC.

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