How to provide staffers with no-cost financial education
It’s a common scenario: Employees are clamoring for some extra financial education, but their employers don’t have the budget to bring in financial advisors. Here’s another option.
Look to the local banks in your area. Many lending institutions — especially in major cities — are always on the lookout for exposure. Chances are they’re willing to offer free financial education in exchange for an opportunity to advertise their banking programs.
Example: One Washington D.C.-based company offered lunch ‘n’ learn seminars each month with a different local bank. Each month, the lender would go to the company’s cafeteria to push their various checking programs.
Then, a few days later, they’d return during employees’ lunch hour to hold education seminars on everything from fixing bad credit to minimizing mortgage payments to getting a good rate on a home improvement loan.
Some of the banks even offered one-on-one sessions with a financial planner.
- Share on
Free Training & Resources
White Papers
Provided by Personify Health
Further Reading
What should you do if you mistakenly pay out too much for one of your employer-provided benefits, such as your retirement plan? Plan spo...
If your company’s employees are like most, they’d score a big fat F on a financial literacy test. Every year, the Teachers ...
Finance rarely sees jury duty or bereavement as risk. They’re payroll line items. Until courts link them to USERRA military leave –...
Some of your year-end health plan responsibilities have lifted, thanks to eleventh-hour legislation from Congress. Plan sponsors that me...
While the IRS can assess penalties under the Affordable Care Act (ACA), it can’t issue the certifications required beforehand, a court ha...
There’s a Great Re-evaluation going on among your peers when it comes to health and well-being program benefits. That’s t...
