CORPORATE FINANCIAL WELLNESS PROGRAM
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FPMI offers a special "Financial Wellness Program" for businesses to offer their employees as part of their benefits package.
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This presents a valuable opportunity for employers to demonstrate genuine concern for their employees' well-being, recognizing that the financial dimension of their lives plays a crucial role in achieving overall personal wellness.
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The purpose is for businesses to equip their employees with financial education and tools empowering them to manage their finances effectively and create personalized financial plans.
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When you prioritize your employees' financial health, they can improve their personal lives, leading to increased productivity and stronger commitment to your organization.
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Our program covers topics such as budgeting, saving, investing and financial planning for the future.
WHY FINANCIAL WELLNESS MATTERS
INVESTING IN YOUR EMPLOYEES' SUCCESS
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Financial stress has a negative impact on both the personal and professional lives of your employees - and by extension on your organization.
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Financial stress results in a 34% increase in absenteeism and tardiness. If you can take your employees' financial worries out of the equation, that is one step closer to a healthier and happier workforce.
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A survey done by Salary Finance among more than 10,000 Americans shows that US companies lose $500 billion a year due to their employees' personal financial stress.
Presenteeism &
Absenteeism
Happy &
Healthier Employees
Productivity
Loss
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APA's 2023 Stress in America survey found that all age groups reported money and the economy as significant stressors and that these stressors have increased since 2019.
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Another consequence of a society under stress is that nearly three in 10 adults (28%) said they have struggled with or had difficulty planning for their future in the past month because of stress.
IMPLEMENTATION PLAN
STEP BY STEP
1
Identify which employees would be interested in or should participate in our Financial Wellness Program.
2
Determine whether there are specific groups within the company that exhibit synergies, such as women or young adults.
3
Develop a communication plan targeting these employees or groups, distributing our concise one-page description of the workshops.
4
Consider the following options for workshop format, and choose the one that best suits your organization:
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On-Site Workshops: These can be conducted at your location with a minimum of 20 participants scheduled at your convenience.
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Coral Gables Location Workshops: Held at our Coral Gables facility.
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Virtual workshops: These can be customized to your organization’s needs.
All of these workshops will be scheduled at your convenience.
5
Fill in our Registration Form
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Have your employees register online with a special code provided to you.
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Maintain engagement with your employees by seeking their feedback on the workshops and inquiring if they have additional needs.
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Conduct a survey to assess the effectiveness of the workshops among your employees.
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Measure success over time by tracking performance indicators such as reduced financial stress, increased job satisfaction and improved productivity.