
Financial wellness is freedom from financial stress, debt. No more worries about
unexpected expenses. It is also having access to information and tools to make sound financial decisions. This approach entails strategic plan redesign, along with an increased focus on promoting healthier employee financial behaviors.
The key to a successful financial wellness program is determining your employees’ specific needs so that you can more accurately meet those needs.
Diverse workforces will have different financial situations and necessitate various programs.
Corporate Financial Wellness Training and Benefits to Business
Unfortunately, as we experience another unique recession, many
employers have seen how financial distress reduces worker productivity, increases absenteeism, and undermines employees’ health.
According to Momentum, 22% of the workplace state concerns over money as the second-highest reason for absenteeism, and far more than half of the workforce state that they have stressed about money at some point in the day.
With this in mind, financial wellness programs for employees are of the utmost
importance. Our courses offer financial training that includes a financial health assessment for each employee’s financial situation, either with webinar training or interactive, on-site financial awareness days.
We aim to offer holistic and customized financial wellness programs to progressive. companies that want to combine financial literacy, financial counseling, and other remedial interventions to employees through the right set of skills and professional support.
Financial wellness programs in the workplace are proven to better the working
environment for both employers and employees. With happy, less-distracted employees who feel that their employer values their needs, workers spend less time away from the office and can trust in a secure financial future supported by
their employer and co-workers.
Get involved with assisting your employee financial wellness today and get in touch with our expert financial coaches..
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