In an extensive 2010 study conducted by Harvard University, people who are financially stressed can’t keep it away from the workplace, which leads to more lateness, absenteeism, stress leaves, higher claims on benefit plans, employee turnover, decreased morale, and avoidable mistakes. Using company time (as much as 5 hours a week) to deal with personal financial issues is a big problem affecting workplace productivity. These problems are overwhelmingly brought about by financial illiteracy.

Adopt our Financial Wellness Plan™ as part of your EAP offering and it will easily become an integral component of your benefit offering for your employees. Our plan will allow your organization to provide an additional benefit offering to your employees and prospective employees at a very low cost per employee while returning a very significant ROI for the company; perhaps the Financial Wellness Plan™ will become a unique benefit offering among competing companies.

The Financial Wellness Plan™ will outline for each of your employees how much they can save in “after tax dollars” by following our recommendations which are based on the inputs they provide pertaining to their fixed household costs.

In order to get the process started, one of the members of our team will meet with each employee to describe the plan details, gather the required information, and answer any questions. We will then take the information provided and complete a thorough analysis in conjunction with our strategic partners. Once the analysis is completed, a team member will again meet with the employee and present them with their individual savings plan; this plan will demonstrate their total savings in after tax dollars.

For additional details about the Financial Wellness Plan™ and how it can be instituted in your company, contact us to arrange a consultation at 905.491.6894 or 1.855.291.5458 or send us an email at info@financialwellnessplanning.ca