Improving workplace productivity, health and well-being through personal financial education.
Learn More Book a seminarFinancial stress is up in 2016 with 52% of employees stressed about their finances. With 45% of employees saying that financial matters cause them the most stress in their lives— nearly as many as those whose top stress is their job, health, or relationships combined. Financial concerns may be a personal matter but they directly affect the workplace. A financially stressed employee spends an average of three hours per week on work time on his or her personal financial problems. There are solutions...Your Family Bank®.
Unlike most financial advisors, who primarily focus on advising their clients about specific financial products they sell — like mutual funds or life insurance — Your Family Bank® teaches a proven personal financial literacy program that is based on 7 Steps that allow people to get in immediate control of their spending, debt, savings and taxation. It is the only comprehensive financial management system in the industry today that helps individuals and families effectively manage every aspect of their financial lives.
Research clearly shows that a well-executed workplace financial education program benefits employers in several ways:
Employees who participate in workplace financial education programs have the opportunity to:
Your Family Bank® provides a variety of workplace personal education training courses that are proven to improve employee performance, morale, loyalty and participation in employer-sponsored benefit program. We offer a full range of structured and custom programs that will fit your needs. Call us for program details, topics covered and material provided.
“Even a small increase in an employee’s financial security can add significantly to an employer’s bottom line..”
— DR. SUSAN JERKINS
Idaho State University
“Don’t give employees a raise; give them access to the quality financial information, education and advice. Employers can expect $450 in positive job outcomes from each employee who slightly increases his or her financial behaviors and financial well-being.”
— DR. E. THOMAS GARMAN, PROFESSOR EMERITUS
Virginia Tech University, Idaho State University
“For the employer, research studies have shown that employees who are financially healthy are more productive. They are absent less often, spend less time at the workplace dealing with financial crises, and earn higher job performance ratings.”
— GOVERNOR EDWARD M. GRAMLICH
Financial Literacy and Education Commission, Washington, D.C.
“Employees who participate in workplace financial education more fully understand personal finances and recognize how financial literacy impacts their future financial expectations. In addition, employees who gain considerable literacy in financial matters and confidence in their future situation are also more likely to be satisfied with and supportive of their company.”
— THE JOURNAL OF CONSUMER AFFAIRS
Volume 39, Number 1