“Mr. Shorb has chosen to serve our parents and their teens in an area of their lives that is all too often misunderstood and left vulnerable.  His ability to help people manage their financial resources will provide yet another great tool in our toolbox for raising terrific kids.”Barbara D. Tooker, Executive Director, National Parenting Institute

Past Partners & Sponsors Have Included:

…over 30 nonprofit partners

 

 

WORKPLACE FINANCIAL EDUCATION
 

“The average employee spends 28 hours each month worried about, calculating, or stressed over finances, costing employers $5,000 a year in lost productivity.”
- The Federal Reserve
 
Your Employees are in Financial Pain.
•
8 out of 10 people identify money as a significant source of stress in their lives. - American Psychological Association
   
•
Regardless of income, 70% of Americans are living paycheck to paycheck. - The Wall Street Journal
   
•
Distress over financial matters is contributing to irritability, anger, fatigue, and sleeplessness for over 52% of Americans. - USA Today
   
•
42% of American adults don’t follow a budget, 26% don’t pay all of their bills on time, 32% have no savings, 29% could only handle emergency expenses by using a credit card, 33% haven’t allocated anything for retirement, and 41% give themselves grades of C, D, or F on their knowledge of personal finance. - Harris Interactive
   

Their Financial Pain Is Costing You Money
 

Financial issues are the #1 cause of workplace stress. The Cambridge Human Resource Group states that a lack of financial education for workers is “the most critical unaddressed workplace issue.” As reported in USA Today, financial stress “is having an impact on the workplace, potentially draining productivity and increasing emotional stress on the job.”

Dr. E. Thomas Garman, the recognized leading research authority on the subject, found that when financial distress spills over into the workplace, it contributes to such work-related occurrences as:
 
  • Lower commitment to the organization
  • Less satisfaction with pay
  • Work time wasted dealing with personal finances
  • More absenteeism
  • Poorer health

Dr. Garman goes on to say: “Employers need to recognize that at any given time, in every workplace, part of the workforce is seriously financially distressed.” He estimates the annual cost to an employer for ignoring one worker’s financial illiteracy ranges from $750 to $2,100.
 

Employee Financial Education is the Solution

In a survey by Workplace Options, 48% of workers admitted that stress affects how they perform at work. 40% of employees thought it was important for employers to offer employee financial education, and 60% said they would take advantage of employee financial education if it were offered.

The Federal Reserve acknowledged that financially literate workers make better decisions, leading to fewer absences and greater job satisfaction. Companies with financially educated employees experience decreasing expenses and increased performance.

Dr. Susan Jenkins of Idaho State University says, “Even a small increase in an employee’s financial security can add significantly to the bottom line.” Dr. E. Thomas Garman tells employers they “can expect $450 in positive job outcomes from each employee who slightly increases his or her financial behaviors and financial well-being.”

According to WorldatWork, “right after employees, employers are, perhaps, the greatest beneficiaries of workplace financial education.” An article from the Journal of Employee Assistance says, “Employers who respond to their employees will be rewarded with loyalty, gratitude, and improved productivity that will pay dividends for years to come.”

Outside of my immediate network, my mail box has been filled with direct mail pieces of financial planners with very similar marketing. And I think most of us already know most of this industry markets in very similar ways - it’s easy to get lost in the crowd. 

On top of that most did not have a good referral system in place that attracted high quality prospects.  All of which affects our bottom line as a financial planners. 

We put together this system so we can spread the message of financial literacy while we provide you all the tools you need to rapidly expand you book of business. 

 

Get More Information Now
 

Employee Financial Education Can Help

 

A common question we receive is “Why can’t I just implement these partnerships now as a financial planner?”  These organizations don’t promote businesses but they will promote causes and information that will truly help the people they serve prosper.  You have an important cause ‘financial literacy’ and a great topic that will truly help the people they serve.

With a few phone calls, some emails and providing organizations marketing material (mostly prewritten emails & fliers that we provide) you can have an effective lead generation source and a unique client relation solution that keeps them coming back into your office.

 
  • Financial issues are the #1 cause of workplace stress
  • 40% of employees admit that financial stress affect their workplace performance
  • Most families are living paycheck to paycheck and are one financial hardship away from disaster

What are the results of 8 Pillars University at work? Here is a list of what our customers experience:
 
  • Higher Employee Engagement
  • Reduction of Cost for 401(k) Loans
  • Increased Employee Loyalty
  • Employees Use Company Resources with Greater Responsibility
  • Lower Employee Stress Levels
  • More Team Spirit and Cooperation
  • Reduced Absenteeism
  • Higher Participation in Company Sponsored Retirement Plans
  • Improved Company Culture
  • Better Recruiting
  • Company Benefits and Pay Packages are More Valuable
  • Reduced Turn-over
 

Get More Information Now
 

An increasing number of employers understand the value of providing employee financial education and the impact it has on the employer’s bottom line.  With the heightened awareness of the needs of workplace financial education training there new ways to ensure their employees are more productive, happier and healthier.

A workplace financial education and employee financial education training helps employers avoid many of the problems other companies face.  Consider this statistics and the impact it can make on your bottom line.  Distress over financial matters is contributing to irritability, anger, fatigue, and sleeplessness for over 52% of Americans according to USA Today.

Listed below are several ways we can take the first steps to providing our employees a practical workplace financial education and employee life skill training.

Give employees financial peace of mind. Workplace financial education training will help you protect your employees and help them feel more secure.  Showing them how they can easily set up emergency fund and automate their savings plan is the first step.  Employee financial literacy will help your employees achieve financial security which in turn will lead to more productive employees.

Financial mindset.  Today’s newspapers are packed with negative news that really drains employee’s moral.  Knowledge that employees pick up from workplace financial education classes will combat the effect that negative news plays on your employees mindset.  

Employers you have the ability to empower your team with practical financial literacy training that will reduce their stress, thus reducing sick days.  Workplace financial education training will help employees eliminate all negative thoughts on money.  Their personal money problems will lesson as they pick up real world money skills through the employee financial education training course and you can measure the effectiveness.  

Debt.  One of biggest problems facing people is debt.  Debt is the cause of a medically diagnosed problem called ‘debt stress’ and costs employers across the country tens of millions of dollars in missed work.  One of the simplest employee financial education class we can teach is showing our employees how to eliminate and/or avoid debt.  

Just helping your employees learn how to budget properly can cause a major change in their spending habits.  Even the most basic workplace financial education course can make a big impact on the lives of your employees.

Account structure.  Another important element of employee financial education courses is showing them how to set up the right account structure.  Each employee should set up their checking account, savings account, IRAs, and brokerage accounts.  These accounts can be set up to work automatically. So when bills are paid automatically, money is saved & invested for you automatically.  This helps you keep a consistent investment plan in place and hopefully will help you achieve long-term financial security.  

By providing your employees a practical workplace financial education they will have the skills to make the most of their life and become more valued employees.  Help you business while you help them by offering employee financial education training. 

Get More Information Now
 
Free Report:
Discover Our ‘Referral UP’ system and how it can help you supercharge your referrals.
Money XLive Promo
 
“After reviewing the Financial Educator Funnel System, I can highly recommend this to anyone in the financial services or college planning industry. This system allows you to educate your clients (parents and youth) on the financial life skills they need to adopt to become financially secure. This program builds goodwill within the community and gives your clients a great reason to refer their peers to their ‘trusted advisor’.”
Chad Penry, College Solution Providers
 
“Working with Vince was an excellent opportunity for us to learn and perfect our implementation strategies for our outreach program.  He helped us think through our curriculum and fine-tune our approaches. Receiving the training and becoming certified by the NYFEC has given the program the extra boost and noteworthiness.”
Kimberly Knox, NCMSC
 
“This program gave our team a great way to stay in contact with past clients and offer them a service that will benefit their entire family.  It felt great knowing that we are helping them pickup needed skills while gaining business at the same time.”
Marc Griffith, President eLendDirect
 

“I have always been a financial literacy advocate and am thrilled there is finally a way I can combine my passion and business.  Thanks for the great system and appreciate your teams helping me get off to a fast start!”
Mike Rosenfeld
 

“Thank you for this program.  I found it easy to implement and have had excellent results to date. I appreciate that all the marketing was also provided in Word document files so I could copy & paste this information when sending emails. I also liked that the presentation was easy to deliver after a few times going through it.  This has helped me acquire several clients at my first event and my pipeline is growing with referrals.  I greatly appreciate your help and wish you continued success.”
Joe Perry, First Federal Financial Group