USA Today Snapshot - If You Were Given $1,000, What Would You Do? [Surprise! People are Finally Saving]
Put in general savings - 48%
Pay off credit card debt - 27%
Put in children's education fund - 12%
Use it for health care expenses - 10%
Put it toward vacation - 10%
USA Today Snapshots, page A-1 |
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Numbers- Increase in Number of Employees Asking HR for Help with Financial Issues
In a 2008 survey of 329 human resources and employee benefit managers found growing interest from employers in offering financial education to their employees. Specifically 39% of the business managers surveyed reported an increase in the past year in the number of employees asking HR for help with personal financial issues. 26% reported an increase in the number of employees who had their wages garnished by debt collection agencies and 20% reported an increase in employee advances on pay.
Research Works, February 2009, pg 2
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BEST QUOTE - Most Employers are NOT Offering Financial Education Resources
"Most employers are not offering financial education to workers despite evidence that such resources are effective, yield a positive return on investment, and are valued by employees."
HR Magazine, 52(3),64
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For nearly a decade Two Medicine has assisted organizations in reducing costs related to poor health through the implementation of employee-driven strategies. TwoMedicine's team of experienced health strategists provide oversight and system development. Long-term planning and outcome measurement are used to objectively guide the client organization's efforts as it progresses through improved health and economic changes.
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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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