05/03/2014
Personal Financial Well-Being
Walulu Credit Counseling Centre Personal Finance Employee Education promotes and facilitates financial education in the workplace. Workplace education reduces employee financial distress and therefore, improves their financial well-being. We advocate for best practices in workplace financial programs to increase employee well-being and employer profits.
Personal Financial Well-Being. Research tells us (1) the lack of financial literacy--spending plans, credit management, and savings--is the major reason why employees do not save for retirement; (2) money worries hinder employee job performance; and (3) providing employees easy access to basic financial education programs improves their personal financial behaviors and job performance as well as the employer's bottom line.