Financial Literacy for Employees
FAI can help your organization by providing financial education classes to employees. Click here to learn about our programs
Contact Us today for more information.
The current economic climate has certainly taken its toll on the American worker.
This financial distress can easily play out in the workplace causing decreased productivity and job satisfaction, greater absenteeism, less commitment to the company, and higher levels of turnover. For profit-making companies, employee productivity makes the difference between success in business and financial ruin.
A recent MetLife study found that employees want their employers to take a more active role in preparing them for the future. Financial advice and guidance programs can be effective in improving employee productivity and overall well-being. Employers can help their employees by investing in financial literacy or empowerment courses to better understand risks, and plan on how to provide for their families. The benefit is a happy employee, and a successful thriving company!
Contact Us today for more information.
The current economic climate has certainly taken its toll on the American worker.
- 8 out of 10 American employees cite money or the lack of money as a significant source of stress in their lives (American Psychological Association, “Managing Your Stress in Tough Economic Times,” 2008)
- Regardless of income level, approximately 77% of Americans are living paycheck to paycheck (CareerBuilder, “One-in-five workers have trouble making ends meet as more indicate they live paycheck to paycheck, reveals new CareerBuilder survey,” September 1, 2010)
- Financial stress is causing more than half of all Americans to experience irritability, anger, restlessness and fatigue. (USA Today, “Health takes a hit as economy creates more stress,” October 7, 2008)
This financial distress can easily play out in the workplace causing decreased productivity and job satisfaction, greater absenteeism, less commitment to the company, and higher levels of turnover. For profit-making companies, employee productivity makes the difference between success in business and financial ruin.
A recent MetLife study found that employees want their employers to take a more active role in preparing them for the future. Financial advice and guidance programs can be effective in improving employee productivity and overall well-being. Employers can help their employees by investing in financial literacy or empowerment courses to better understand risks, and plan on how to provide for their families. The benefit is a happy employee, and a successful thriving company!
