SoFi Blog

If you haven’t yet reached the point of sitting in your cubicle and counting sticky notes out of boredom or because your workplace has become so grueling, you can’t be bothered to pay attention anymore—congrats. You’re one of the lucky souls not suffering from job burnout.

But even go-getters can suffer from career stress—the feeling that work has become a series of mindless repetitions and frustrating situations. And once it hits the burnout stage, that feeling is no joke. Left to fester, burnout can wreak havoc on your health, happiness, productivity, and performance. According to the Staples Business Advantage 2016 Workplace Advantage Index, 91% of U.S. and Canadian workers surveyed for the report put in over 40 hours a week, at least some of the time, and 22% have changed jobs because of work-life balance issues, including decreased family time and battling work pressures that seep into their personal lives. In addition, 3 out of 4 respondents reported they aren’t provided with the latest technology and are expected to do more with less, and only 35% have a wellness program available at their current job.

Snapping back from job burnout and once again becoming excited about your career is doable, but you must first take a deep dive into how you’re feeling to identify the source.

It’s no secret that the average doctor is saddled with tons of student loan debt when starting practice. In fact, according to the Association of American Medical Colleges, the average doctor graduates medical school with $190,000 in student loans—6x the national average.

Having a strategy to quickly and efficiently pay down your student loans is critical to long-term financial success, so we’ve put together a few personal finance tips and tricks for doctors to help them pay down student loans faster in 2017. These tips are relevant to all doctors, regardless of specialty or income.

Because home prices are expected to continue to slowly rise in many parts of the country, it makes sense that most homeowners would desire to stay put rather than upsize to a new house. Although the grass might look a little greener elsewhere, it’s possible to add value to your current home—even if you’re on a budget.

So,whether you have the cash saved up for home investment, or you are looking to borrow for your next home project, consider these five budget-friendly enhancements:

With the rise of millennials and Generation Z grads, the workforce is rapidly changing. Young, educated professionals bring a lot to employers for sure—like energy, enthusiasm, and a thirst for innovation. But these days, they also come with some financial baggage: high levels of student loan debt. That debt can be crippling and distracting, and on top of that, it’s also an obstruction to both short- and long-term financial goals.

It’s no secret that organizations directly feel the impact of the hardship. According to PricewaterhouseCoopers’ (PwC) 2016 Employee Financial Wellness Report, 28% of 1,600 full-time U.S. employees surveyed admit that personal finances cause them to be distracted at work—up from 20% in 2015. Among those workers, 46% spend three or more hours a week, while at work, dealing with or thinking about their financial situations, compared to 37% in the previous year. Yet few HR teams are taking steps to address the problem effectively and help their employees—and their company’s ROI.

In this first part of our new series on employee wellness, recruitment, and engagement, we at SoFi want to provide actionable insights on how to better understand the financial burden of student loan debt that these employees face, and what to do to help ease the pressure through financial assistance, education, training, and support.