APA Center for Organizational Excellence: Abstract Detail: Six steps to implementing financial education in the workplace

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Title

Six steps to implementing financial education in the workplace

Available Online https://www.forbes.com/sites/forbesfinancecounc...
Publication Date November 6, 2018
Author Miguel D. Vasquez
Source Forbes
Source Type Blog
Summary

This article presents several action steps for employers who are thinking about providing financial education to help mitigate employees’ financial stress. The article recommends that employers understand what options are available, make financial literacy training a priority, provide strong support for the program, assess program efficacy with measures of knowledge and stress, offer incentives to raise employee participation, and use third parties to provide education if necessary. The article concludes that financial education programs can help empower employees and improve the company’s bottom line.

Keywords Financial stress, financial literacy training, financial education, productivity
Reference

Vasquez, M. D. (2018, November 6). Six steps to implementing financial education in the workplace. Forbes. Retrieved from https://www.forbes.com/

"This is not pie in the sky; this is about the bottom line. Building psychologically healthy workplaces isn't just the right thing to do, it's also the smart thing to do."

The Honorable Alexis M. Herman
Former U.S. Secretary of Labor