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The Problem
Often adults are embarrassed about
their lack of true understanding regarding their finances. This
embarrassment leads to a dangerous silence that keeps many
hardworking Americans among the growing number of 'working poor'.
According to the
American
Community Survey, which captures the overall economic and
demographic trends in the United States, although the median
household income rose by $51, to $43,057, over 11.5 million people
still live in poverty, a 1.4 million increase over last year.
Furthermore, "More people tend to
live paycheck to paycheck. This underscores that, we should probably
be doing more to assist working families'' the survey said.
Working Americans:
- Are facing longer life expectancies
- Have an average retirement age
of 72 &
- Lack of adequate retirement
savings
- Have large debt loads later in
life
... therefore working Americans are
in urgent need of basic financial information that's easy to
understand and access.
Companies that realize they need to
provide life skills and life management resources to support their
employees will have better opportunities to:
- Maintain a solid employee base
- Stabilize and increase
production levels &
- Maintain a higher overall
employee satisfaction.
Investing in the whole employee
isn't just good human resources management, but it's great for the
bottom line as well.
According to the Association for
Financial Counseling and Planning Education, "Financial problems can
be of serious concern [to workers]. When these concerns are
perceived by the worker as a especially troublesome or grave
problem, that perception can contribute to personal and emotional
conditions which in turn, may be associated with decreases in
productivity"
The Solution
A recent partnership with Corporate
Workforce Solutions, Inc. has allowed for the development of a
three-pronged approach to life skills education that supports
entry-level, transitioning, part-time and full-time employees, as
well as employers, Human Resources professionals, training mangers
and decision makers responsible for creating a productive workforce.
The three-prong approach consists
of resource materials, personalized workshops and corporate
consulting.
Resource Materials
Used
|
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"How To
Achieve Unlimited Success: Strategies For Creating
Extraordinary Results"
is
a resource to support employers life management initiatives, as
this book addresses the whole employee by offering proven
strategies and tips for time management, conflict resolution,
goal setting, overcoming obstacles and other areas necessary for
success. |
Workshops
- Financial Fitness 4 U
- Seven Steps
To Financial Freedom
- Financial Fundamentals:
Understanding, Improving & Protecting Your Credit
These workshops are foundational
presentations that can be customized to fit the unique life skills
needs of your workforce.
Corporate Consulting
Our corporate consulting program
allows us to support employers by developing life skills workshops,
customer service trainings and life management resources to support
the overall mission of the company.
What This Means For Your Company
Choosing to become an employer with
an employee assistance program which involves a financial literacy
component has several tangible and measurable rewards including but
not limited to:
Employees with overwhelming debt loads tend to work more than one
job to cover expenses, thus dividing their attention and energy
Reduced absenteeism -
It is commonly expected that low
pay, poor benefits and high workloads will be the major causes of
absenteeism. However, in
numerous employee surveys absenteeism generally has been
identified as a symptom of low job satisfaction, lack of employee
support programs (i.e. child and elder care assistance, counseling
services, substance abuse hotlines) sub-standard working
conditions, and consistent negative and unfair treatment received
by immediate supervisors.
Heightened Morale -
Don't
assume that low morale is "natural" or that as an employer you
have to accept it; acceptance that employees will be
disinterested, disconnected and eventually leave the company is a
changeable "reality"
Lowered Stress Levels -
Although it is not possible to give a universal prescription for
preventing stress at work, it is possible to offer employee
support programs and guidelines to reduce non-work related stress
which accounts for over 45% of stress.
As the work and family dynamic
continues to shift, and workers spend more time at work (away from
their families- the primary reason they are working) creating useful
support programs will be key to hiring and maintaining a productive
staff.
Your organization will benefit from this message.
Contact The Financial Fitness Coach to Speak to your group.
View my "FULL COLOR"
4 page
brochure
Get More Details |
