| Why providing workers with a solid financial education | | | | have difficulty managing their money and are not |
| is a wise business decision: | | | | consistently saving for retirement. |
| Picture this: | | | | Source: National Institute of Personal Finance |
| One of your top performing employees has been | | | | Employee Education |
| distracted lately. You notice they're spending more | | | | Is it any wonder more and more companies are |
| time talking on their cell phone and they seem to be | | | | actively seeking to provide employee financial |
| carrying the weight of the world on their shoulders. | | | | education programs for their team members? When |
| Did you know these are just some of the tell-tale | | | | an organization begins to understand the profound |
| signs that a worker is struggling with financial | | | | difference offering financial literacy training can make |
| worries? | | | | not only in the lives of their employees, but in their |
| When employees are distracted by financial troubles | | | | bottom line-they understand that this investment |
| it diminishes their productivity, brings unnecessary | | | | pays for itself many times over. |
| stress into the workplace and puts a wet blanket on | | | | Employee Financial Education Benefits Both Employer |
| company morale. | | | | And Employee |
| Conversely, when you help your employees achieve | | | | With financial burdens lifted from their shoulders, |
| a state of true financial wellness, you empower them | | | | workers will be happier and work harder. They'll enjoy |
| to be in control. Be providing employee financial | | | | their jobs more. This will lead to a marked decrease |
| education, you help workers become confident, | | | | in absences, tardiness, and requests to leave early. |
| focused and allow them to experience a sense of | | | | By ensuring each team member receives solid |
| security. A company that offers employee financial | | | | financial literacy training, companies will see noticeable |
| education is truly making an investment in their | | | | improvements in the area of productivity and |
| business. | | | | accordingly profitability. |
| The following facts are worth considering: | | | | Putting a comprehensive employee financial education |
| | | | program in place makes good business sense. It is an |
| 1. Up to 50% admit to wasting 21 hours per month | | | | investment that can literally change their lives of |
| while on the job dealing with personal money | | | | employees and radically improve the profitability, |
| matters. | | | | morale and culture of any organization. |
| 2. Employees regard financial stress as their number | | | | Innovative organizations like the Financial Wellness |
| one concern, 5 times greater than personal health. | | | | Group are providing leadership and resources to help |
| 3. Two-thirds say "They have trouble paying their bills | | | | companies of all sizes implement proven and |
| on time and worry about money". | | | | affordable employee financial education programs. |
| 4. 90% of the nearly 128 million workers in the US | | | | |