Take Control of Your Finances, Plan for the Future, and Enjoy Life Without Financial Stress
Financial Wellness for your Employees Starts Here
Financial Wellness is a state of feeling secure and in control of one's finances — able to meet current obligations, plan for the future, and make choices that allow for the enjoyment of life.
Steve Sommer, a retired CPA and former senior finance executive at the Disney/ABC Television Group, and Ken Schwartzberg, a retired senior IT executive with Fortune 500 companies including JP Morgan Chase and Metropolitan Life Insurance, have partnered to create an engaging and interactive 90-minute Financial Wellness Workshop.
Designed specifically for small to midsize employers, this workshop provides a Financial Wellness Budget Tool and covers fourteen essential Financial Wellness topics such as:
- Estate Planning
- Non-retirement and Retirement Accounts
- Credit Card and Other Debt
- Life and Medical Insurance
- And much more
Empower your employees with the knowledge and tools they need to achieve financial wellness and peace of mind.
Why should employers invest in their employees Financial Wellness?
Widespread Financial Wellness Deficiencies:
- 56% of American adults lack a solid retirement plan, and 33% feel they'll never be able to retire
- 62% of American consumers live paycheck to paycheck
- 59% of American adults can't cover a $1,000 emergency expense
- About 102 million American adults do not have life insurance or are underinsured
- 56% of American adults don’t have a will
Impact on Employee Performance:
Financial stress leads to decreased productivity. Employees worried about money are distracted, less focused, and more likely to miss work or perform poorly.
Retention and Engagement:
Supporting financial wellness shows employees their employer cares about their overall well-being, increasing loyalty and engagement. This reduces turnover costs and helps retain valuable talent.
Improved Morale and Company Culture:
Financial wellness programs build trust and improve morale, fostering a healthier workplace environment.
Bottom line: Investing in employee financial wellness is not just a benefit; it’s a strategic move that improves productivity, retention, and engagement, while helping employees secure a more stable financial future. This benefits both employees and the organization as a whole.