McLeod Health Cited as PFEEF Exemplary Employer
The mission of the Personal Financial Employee Education Foundation (PFEEF) is to share research, expertise, and best practices demonstrating that profits increase by providing employees easy access to resources to reduce personal financial distress and improve financial well-being. An important part of that effort is to recognize exemplary employer programs.
McLeod Health, a not-for-profit health care system in South Carolina, is committed to helping their 4,700 employees live well. They provide a leading financial education program for their employees. McLeod Health uses a work-life program branded as "Living Well." One of the key goals is to "Help Employees Create Balance in Life." To do so they do not just focus on offering programs and benefits, but rather helping employees take ownership and have access to the tools necessary. The construct of Living Well is based on the premise that they have to meet employees at their point of need and capacity. One of their financial providers is the Dave Ramsey Financial Peace University Workplace Edition.
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BEST QUOTE - Debt is Dangerous
Crushed by debt and dwindling savings, families face a tough road ahead. "One of the lessons of this crisis is that debt is very dangerous for individual families," says Elizabeth Warren, who has been appointed to head up congressional oversight of Uncle Sam's $700 billion bank.
U.S.News & World Report, March 2009, pg 52
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NUMBERS - Retirement Confidence Drops to Record Low
EBRI's annual barometer of Americans' retirement confidence shows the recession has worn away workers' assuredness that their golden years will be happy, healthy and financially secure.
Released on Tuesday, the19th annual Retirement Confidence Survey posts a record-low 13% of respondents who say they are very confident of having enough money to live comfortably in retirement, down from 18% in 2008 and 27% in 2007.
Employee Benefit News, April 16, 2009
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"Featured Partner - Best Provider "
Cygnet Institute of Personal Financial Literacy is an educational company based in principles researched, developed and field tested by Cygnet Financial Planning, Inc., a pioneer in the development of financial planning systems and services since 1982. Cygnet's Institute's goal is to provide the highest quality, lowest cost financial wellness programs available...with no hidden agenda.
Cygnet provides tools and hands-on interactive exercises so employees can develop an actual written financial plan in class while maintaining absolute confidentiality. Objectivity is assured by Cygnet Institute's standard policy that prohibits instructors from soliciting or accepting participants as clients.
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| PFEEF Mission: "Sharing research, expertise, and best practices demonstrating that profits increase by providing employees easy access to resources to reduce personal finance distress and improve financial well-being." Everything on the PFEEF website is available for your use at no cost! |
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