Financial Wellness Classes
Since 2010, Money Mentor Group has taught numerous financial wellness classes to the corporate audience. Our Workforce Financial Wellness programs help employees take control of their financial life and deal with their most pressing financial challenges.
- Overall wellbeing of the employee
- Employee Retention
- Clarity on total compensation, including corporate benefits
- Participation in Corporate Retirement Plans
- Employee stress
- Premature distributions and loans from Retirement Plans
- Request for payday advances
We customize each program to fit your company’s needs by administering a survey to your workforce to formulate the class structure, ensuring that the program is addressing the specific pain points
Did you know?
According to the 2017 PwC Employee Financial Wellness Survey, 53% of employees reported being stressed about money, with 46% pointing to finances as the top stressor in their life.
An annual survey conducted by Career Builder found that 1/3 of adults are living paycheck to paycheck, while 60% of households have less than 3 months of savings available. Employers are recognizing that financially burdened employees can have a negative impact on the workplace, leading to higher rates of absenteeism and lower productivity
32% of Americans are losing sleep over their personal finances.
—Rakesh Sharma, business and technology journalist, Forbes
30% to 80% of financially distressed workers spend time at their place of employment worrying about personal finances and dealing with financial issues instead of working.
—E. Thomas Garman, professor emeritus, Virginia Polytechnic Institute
Financially unwell employees do not make the best decisions for themselves regarding retirement planning, pre-tax health and dependent care and other employee benefits.
—Jump$tart Coalition for Personal Financial Literacy
Companies that implement financial literacy programs realize a return on their investments.
—Sharlyn Lauby, HR blogger focusing on workplace issues