A Benefit for you and your employees
Offer your employees a highly desirable and inexpensive benefit by providing a workplace Financial Wellness Program. Programs have been shown to improve both employee wellness and the company's bottom line.
Purposeful SP manages and implements your Financial Wellness Program, which offers employees assistance with some of the most important issues they face; including paying off debt, managing student loans, budgeting, investing for their retirement, sending their kids to college, and much more.
Benefits for Your Business
Increased Employee Loyalty
Reduced Employer Health Insurance Costs
Improved Employee Recruitment & Retention
Greater Utilization of Workplace Retirement Plans
Benefits for Your Employees
Greater Financial Stability
A More Secure Retirement
Less Debt & Increased Savings
Increased Satisfaction with Work
Financial Wellness Programs provide significant benefits for both employees and employers at a minimal cost when compared to other desired employee benefits. This combination of significant rewards and low cost is likely the reason "90% of large firms stated they will have a financial wellness program as a standard part of their benefits program within a decade" in a recent study.
Financial Wellness Programs increase company profitability through improving productivity, reducing costs and increasing employee loyalty. This profitability increase has been shown in studies from the Consumer Financial Protection Bureau, Price Waterhouse Cooper, Ernst & Young, Towers Watson, and Bank of America/Merrill Lynch.
How the Program Works
Group Financial Literacy Workshops
Employees begin the program with group financial literacy and education, which can be scheduled during or after work hours.
One-on-One Financial Planning
Employees then recieve one-on-one financial coaching and advising to help them achieve their unique goals and improve their financial stability.
Specialized Group Seminars
Additional group seminars can also be added to address specific needs of the company and employees. These can include education on the 401(k) plan, health insurance advising, debt management, purchasing a home, and more.
In addition to our standard Financial Wellness curriculum, the program can be customized to meet specific goals of the business, the employees, or the joint goals of an employer and a labor union.
Programs are customized for your individual company's needs.
Programs start as low as $2,000 plus $100 per employee per year for four hours of group education and 30 minutes of one-on-one advising per employee.
Take the First Step