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Risk types & team decision making…

Business Psych Blog

The different dispositions of these individuals will potentially have a far-reaching impact on other aspects of their lives as well as on any decisions they are making at work. Just like the two friends above, our decision-making propensities come naturally, just a part of our make-up – we take it for granted.

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Biases in decision-making: A guide for CFOs

McKensey

Cognitive biases affect human decisions. Heres a primer on the most common decision-making challengesand practices that organizations can implement to overcome them.

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Employee benevolence programs: What are they, and why do they matter?

Insperity

It isn’t best practice for employers to be in a decision-making role when an employee comes forward with a request for financial support. With a clear set of rules to direct decision-making, your employee benevolence program can operate smoothly and equitably. Finance the fund. Choose a nonprofit partner.

Supplies 265
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Money Remains a Top Stressor for U.S. Adults—Here Are Some Tips to Better Manage Stress (and Finances)

Success

The survey, released in October 2021, reported that the COVID-19 pandemic continues to impede decision-making ability, which includes financial decisions. Adults—Here Are Some Tips to Better Manage Stress (and Finances) appeared first on SUCCESS. Debt plays an overwhelming role in this stress.

Finance 105
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The best advice from Inc. 5000 winners on achieving fast growth

Insperity

You must balance growth with smart, deliberate decision-making. Or, worse, companies tend to ask individuals who have other primary (and very specific) skill sets – for example, the head of finance – to oversee HR on the side. As businesses face rapid expansion, it’s common for them to fill HR roles last.

Payroll 268
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3 Secrets to Becoming one of the 40 Best Finance Workplaces

Great Place to Work

Since we’re talking finance, let’s skip to the bottom line: High-trust employers are more profitable than their peers. Annual revenue growth at the Best Workplaces in Financial Services & Insurance was 26 percent compared to 18% at companies that didn’t make the list.

Finance 69
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How to lower employee stress about health insurance

Insperity

Keeping in mind the narrowly defined role companies should be taking in the employee decision-making process, what exactly can companies do to help employees cut through all the confusion and stress about health insurance? Explain everything thoroughly during new-hire orientation.

Insurance 254