Personal finance issues are increasing your employees’ stress levels.  And they’re costing your company money.

The current economic situation has many of your employees worried about their personal finances.  As reported in USA Today, “Financial stress is having an impact on the workplace, potentially draining productivity and increasing emotional stress on the job.”  The stress your employees feel correlates directly with reduced productivity levels, increased absenteeism, and low morale.  In short, employee stress impacts your company’s bottom line.

Studies have shown that financial stress leads to lower satisfaction with pay, lower commitment levels, higher risk of employee theft, unhealthy coping behaviors (such as alcohol and drug use) that spill over into the workplace, and wasted time spent on personal financial issues during work hours.  Bottom line:  financial strain heavily impacts your employees—both personally and in the workplace.

Solution – Employee Financial Education 

Proactively addressing your employees’ financial concerns can improve their sense of well-being and transform your work environment over time.  A comprehensive employee financial education program can also help you comply with ERISA Section 404c requirements.

Money management training is a cornerstone of any workplace wellness program. In fact, the Cambridge Human Resource Group states that a lack of financial education for workers is “the most critical unaddressed workplace issue.”

Providing your employees with unbiased financial education can help your staff and improve the workplace.  Some employees may feel an instant boost in their financial confidence; often an employee’s stress can be resolved by answering just a simple financial question.  Other, more lasting results of a employee financial education program develop over time, as employees translate the lessons they learned into positive life action

A workplace financial literacy campaign can lower stress, boost productivity, decrease absenteeism, and contribute to an enjoyable work environment while helping ensure your organization’s compliance with ERISA requirements.

Let the NFEC handle all the aspects of your employee financial education initiative.  Our team will design a program that best meets your organizational objectives and deliver your tailored program for maximum impact.

We can design programs for projects of any size—NFEC-designed initiatives currently provide training to more than 500,000 people worldwide.  The NFEC has created custom programs for the National Veterans Foundation, Penn State University, and over 20 nonprofit organizations.

The NFEC’s presentations and certified trainers provide real-world financial knowledge that motivates your employees to take positive action toward improving their finances.  A team of educators and financial professionals created the coursework to meet the highest educational standards using practical, hands-on learning methods.  Our Certified Financial Education Instructors present complex topics clearly and with empathy—a style designed to put participants at ease and give them an immediate increased sense of financial well-being. 

Contact us to learn more.

For organizations seeking to implement a sustainable employee financial literacy initiative, the NFEC’s Self-Hosted Workplace Financial Education program may be the solution.
The NFEC provides an onsite facilitator with the training and materials necessary to effectively host employee financial education training outreach.  The NFEC will train and certify one or several of your employees to deliver the coursework.  All the material is provided to enable your team to share the money management lessons with your workforce.

	Building Your Financial Foundation: This workplace financial literacy presentation is designed for those looking to pick up basic financial literacy skill sets and build (or rebuild) their financial foundation.  Great for those who have experienced financial challenges, young adults, and people who desire to pick up basic financial skills.  Topics include:  Financial goal-setting, automating a savings plan, effectively eliminating debt, insurance basics, preparing to invest, how to qualify for loans, and building a good credit history.
	Road to Retirement (basic):  This employee financial education coursework introduces participants to basic investing and insurance concepts while also helping them build their financial foundation.  Aligned with ERISA 404c requirements, this presentation provides lessons on basic investment concepts, risk management, insurance needs, and increasing savings.
	Road to Retirement (advanced): For those looking to plan out their future financial and insurance needs, the advanced Road to Retirement presentation provides the knowledge they seek.  This presentation covers key financial principles needed to make educated investment and estate planning decisions.  This employee financial literacy course covers estate planning, risk management, income planning, asset protection, investment comparisons, and creating a long-term personal financial plan.
	Adult Education Series:  This eight-hour training course can be delivered over one full day or via eight one-hour sessions.  The adult education program covers the topics included in the Building Your Financial Foundation and Road to Retirement (basic and advanced) courses.
	Parent & Teen Workshop: Designed for parents and teenagers, this employee financial education curriculum helps open up the line of communication between family members.  The program places emphasis on preparing youth for the financial challenges they’ll face when they move out on their own.

Pricing for the Self-hosted Workplace Financial Education Program varies depending on organization size.  This affordable option can give your organization a measurable return on investment—benefiting your employees’ well-being and productivity.  Contact us now for a detailed quote.

The NFEC commends your interest in helping your employees achieve a state of financial wellness.  Let us know how we can best serve your needs. 

The NFEC provides turnkey solutions to those that want to host their own employee financial education program.  The points below further explain the self-hosted package features.  This includes:

Feel free to contact us if additional information or support is needed.