Employee Training

"Studies such as Garman (1998). . .have argued that financial education increases workers' productivity and reduces absenteeism to deal with personal financial matters and overall absences from work."¹

"Because almost 1/4 of workers are experiencing money problems, the company might consider offering workplace financial education on topics of credit management, budgeting, and consumer protection laws. 'Not only do employees need to learn how to invest their retirement savings, they must also learn how to free up money to save.' (Tiras, 1998.)"²

Financial Essentials, LLC, brings workplace financial education taught by licensed, certified financial professionals to your employees. Through our workshops, we teach your employees more than "retirement planning." We teach them personal financial planning skills so they can:

Get out of debt
Stop living paycheck to paycheck
Find the money to contribute to company benefit plans
Invest for their future
Reduce their financial stress, so they can focus on work

"...employees experience financial problems and bring those issues to work where it affects productivity. In a study of both civilian and military research, Gram, Leech, and Grable (1996) calculated that 15% of employees in the United States are experiencing personal financial stress to the point that it negatively impacts their job productivity."³

Financial Essentials, LLC, helps to relieve this stress by giving your employees unbiased financial information they can trust. Certified Financial Planners teach them how to spend their paychecks (how much should go toward housing, how much towards food, etc.), how to organize their finances, and how to get out of debt. CPAs teach them about tax matters and tax-advantaged plans, and former stockbrokers teach them how to invest in stocks, bonds, and mutual funds.

"...financial education improves employee motivation, loyalty, and morale..."¹

Financial Essentials, LLC, works closely with employers to make sure their employees get the financial education they need. We offer 2-hour information-packed workshops tailored to your employees' needs. Because we sell no products, financial education is our only business, we waste none of your employees' time and every minute is spent teaching them about financial matters they need to know.

"Evidence continues to accumulate showing that workplace financial education is a win-win situation for employers and workers."²

Financial Essentials, LLC, can add thousands of dollars to both you company's and employees' bottom line.

Click on Live Workshops to read more about specific workshops offered.

¹Saving and The Effectiveness of Financial Education, Annamaria Lusardi, Dartmouth College, University of Chicago Graduate School of Business and NBER, 2003; Published in "Pension Design and Structure: New Lessons from Behavorial Financial," edited by O. Mitchell and S. Utkus. Oxford University Press, 2005.

²Workplace Financial Education Improves Personal Financial Wellness, E. Thomas Garman, Jinhee Kim, Constance Y. Kratzer, Bruce H. Brunson and So-hyun Joo, Association for Financial Counseling and Planning Education, 1999

³Financial Stress and Absenteeism: An Empirically Derived Research Model, 2003, Jinhee Kim and E. Thomas Garman, Association for Financial Counseling and Planning Education, 2003