Financial Education in the Workplace

Who’s teaching your employees about money?

Did you know:

  • 55% of people are stressed about money?
  • Money is the number one cause of stress for employees
  • 40% of people say that money stress is affecting their productivity at work?
  • 42% of Canadians lack basic financial literacy
  • Employers who implement some form of financial education in the workplace get a 3:1 return on their investment

Money problems have become the biggest contributor to personal stress and it can negatively affect productivity in the workplace. This is likely related to the fact that consumer debt has grown to record levels and savings rates are non-existent. Couple these statistics with the reality that there is very little formal financial education provided in our country and you can’t help but recognize a very serious concern.

Most group retirement plans focus solely on product and plan education. Innovative companies are now incorporating health and financial wellness into their benefit programs, but generally, there is still a void in providing proper Financial Education. Employers need to rethink corporate benefit plans and incorporate Financial Education as an essential part of those benefit plans.

“We make employers look good by delivering top quality financial education programs that employees rave about!”

There is a tremendous amount of research confirming that when you improve the financial literacy for the employee, it brings tangible benefits to both the employers and employees. Financial Education should be at the core of any financial benefit plan. Aligning the employer, employee, and the benefit plan is essential for the financial and professional success of your organization.

There is a massive appetite for Financial Education especially given the demographics.

Employees will appreciate employers who help them take control of their money not only through traditional benefit plans but also through financial knowledge and education.

Financial Education starts by helping employees understand how their employee benefit program is a key component in their financial affairs. A great plan will also show that true financial success comes from understanding more than just the benefit program from work. Financial Education helps employees achieve financial success by harmonizing their benefit plans at work and in their personal financial affairs.

People are not learning about money properly and unfortunately, more and more financial responsibility is being shifted to the employee. Leading edge-employers are taking the lead in helping their employees learn to make better financial decisions. They are now playing a bigger role in building awareness and educating their employees on fiscal wellness, retirement, and investment planning.

  Jim’s Financial Education in the Workplace program was featured in the Edmonton Journal. Click here to read

edmonton journal financial education pic

Our programs are unique and exceptional

When you think of a financial education program, what do you think of? Most financial education is run by someone who is either trying to sell you a mutual fund, investment or insurance. If not, they are probably a representative who works for a specific company, teaching you about the plan or the products offered by the plan. Not us, we are truly unique and exceptional in 3 ways:

  1. CONTENT – Our content is truly educational. We know that the only way to really help employees is to give them a program that is holistic and comprehensive. To accomplish that, we can’t do it in one hour.
  2. DELIVERY – Most financial education programs are run by financial advisors or financial people who may know a thing or to about personal finance but they may not know how to teach. Our workshops are unique because they are really fun. We know that the best way to get people to learn is to give them content that is engaging, interactive and fun. People really do rave about our workshops . . . that are nothing like other workshop you may have attended.
  3. OBJECTIVE – Because we do not sell or pitch financial products, we do not have the same conflict of interest that can be present if we are compensated by selling something. We aim to provide education without that conflict of interest.

Financial Education Programs

Our Financial Eduction in the Workplace Programs are the best in the industry.  Although we have four core programs to fit the needs of each employer, we can really customized any program accordingly.

  1. Our most popular program is the Retire Happy Program:  How to make Retirement the best years of your life.  This program really walks you employees through the framework of creating a retirement plan from beginning to end.  This is not your typical retirement planning workshop that focuses on buying RRSPs and investing your money.  This workshop is truly comprehensive and incorporates both the lifestyle and financial components of retirement planning. To learn more, click here
  2. Investing is not Rocket Science is a program that helps employees engage in their retirement investments.  Most advisors and group plans encourage people to buy and hold and never worry about their money.  Our program teaches employees the opposite.  We teach them why it’s critically important to engage in their portfolio because no one cares about your money more than you.  We teach employees that investing is not rocket science and the mechanics to developing a framework for investing that makes sense and is actually easy to manage.  For those employees that work with their own advisors, we also teach how to better work with advisors to maximize results in their portfolios.
  3. Take control of your money is a general personal finance program that teaches your employees the seven key habits to financial control and stability.  We believe everyone has the ability to achive financial success because success simply comes from developing good money habits as opposed to the bad ones.  Are you practicing good money habits?  This program will help you look at all aspects of your financial life including banking, budgeting, debt, investing, insurance, taxes, and much more.
  4. Estate Planning is often misunderstood.  People think it’s something you do when you are older or have lots of money.  This program dispels those myths and gets people thinking about their own lives.  Estate Planning is all about the people you love.  It’s about your spouse, your kids, grandkids, siblings, etc.  Estate planning is really about covering your bases for unfortunate and unforeseen events and not just death. To check out our program Estate planning: Money, Memories and Loved Ones, click here.

Putting a program in your workplace!

Jim is passionate about helping people make better decisions about money. His Financial Education in the Workplace program is designed to help both employers and employees benefit from financial education. This program can be customized to any organization of any size. It can encompass keynote presentations, educational workshops, individual consulting, articles, newsletters, email services, books, CDs, videos or web based learning. To learn more about Jim’s Financial Education in the Workplace Program or some of his other popular programs like RETIRE HAPPY, ESTATE and LEGACY or KEYNOTES for conferences, contact us

 For a PDF brochure, click here

More information on Financial Education in the Workplace

 Financial Education in the Workplace Question and Answers

 Building the perfect Financial Education in the Workplace Program

 Financial Literacy is a Hot Topic

Learn more about other services we offer for Group Retirement Plans