Financial stress has serious effects on employee job performance which can hurt your bottom line! Employees dealing with financial stress can cost businesses with higher turnover rates, health-care costs, and increased exposure to liability. Employers may notice personal financial issues in the workplace, in the form of wage garnishments, 401(k) loans and a decline in productivity, among other signs.
THE PERKS OF FINANCIAL EDUCATION
The EDSA Group® offers a wide variety of customizable tools to meet the needs of companies of any size.
Financially educated employees can save the company money beyond the cost of the educational programs. Some of the most recognized areas of savings include:
After attending EDSA’s financial education programs,
participants reported the following behavior changes.
(reported as a percentage of the total)
Increased contribution amount to their 401(k) plan
Started contributing to a 401(k) plan
Changed their investment strategy to become more diversified in their portfolio
EDUCATIONAL PROGRAMS FOR YOUR COMPANY
Our solutions were designed to meet the diverse needs within a company’s workforce.
Good Money Habits™ combines EDSA’s proven curriculum with the accessibility of the Internet. In addition to the vital money management lessons provided in a sequential order, our e-tool contains interactive lessons and calculators to help users take action immediately.
The EDSA Group® offers a series of comprehensive and interactive financial education workshops. Programs include educational instruction, class exercises, and homework that help participants learn and follow principles of money management in order to pursue personal goals.
Private labeling and customization of programs are also available through The EDSA Group®. Work with us to develop an entirely new program to suit your special needs. The EDSA Group®’s existing solutions can provide a framework to build other educational modules for unique needs.
Planning Plus™ consists of one-on-one educational sessions to assist those who have questions or need help applying the lessons contained in our programs to their personal circumstances.
EDSA will provide ongoing communication materials to promote helpful financial education and drive employees to take advantage of available programs and workshops. We feel that each interaction is an opportunity to provide useful, actionable money tips to engage the audience.