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Employees Dissatisfied With Financial Situation

Pension and Benefit Monitor Magazine – More than 60 per cent of employees are dissatisfied with their personal financial situation, with one in four feeling financially distressed. And this, says the ‘Financial Education in the Workplace Survey’ from the Employee Financial Education Division(EFED), leads to reduced productivity as these employees are spending an hour each […]

Why personal finances are professional business

HRM Online – It’s a tough time financially for many businesses and individuals, with both trying to do more with less. But could helping one improve the other? Survey results from the Employee Financial Education Division (EFED) found that more than 60% of employees were dissatisfied with their personal financial situation. The Financial Education in […]

Employees want financial education

Benefits Canada – When employees undergo stress, it impacts how they perform in the workplace. A new survey from the Employee Financial Education Division (EFED)—a provider of flexible personal finance courses for employees—has found that 60% of employees experience stress about their current financial situation. “Employers need to be concerned with the financial wellness of […]

Employees stressed about finances

Small Business Advisor – When employees undergo stress, it impacts how they perform in the workplace. A new survey from the Employee Financial Education Division (EFED)—a provider of flexible personal finance courses for employees—has found that 60% of employees experience stress about their current financial situation. “Employers need to be concerned with the financial wellness […]

Championing financial literacy in the workplace

The Insurance and Investment Journal – It came as no surprise to anyone – least of all Frank Wiginton – that his career path veered considerably from the dispassionate challenge of debugging computer programs to what he’s deemed to be a much more satisfying choice in financial education and planning. After all, Mr. Wiginton’s mother […]

Financial Education In The Workplace

Benefits and Pensions Monitor Magazine – Should your company be offering financial education to its employees?Let’s briefly look at various factors to help you decide. Is financial education/literacy needed? In December 2011, A Better Quality of Life Financial Consulting surveyed 608 working Canadians between the ages of 21 and 60. The Financial Education in the […]

Financial literacy and your bottom line.

Benefits Canada Magazine – Financial literacy seems to be a term on everyone’s lips lately. In 2009, the federal government formed the Task Force on Financial Literacy, and last year, Finance Minister Jim Flaherty declared November Financial Literacy Month.Several factors support the argument that employers should also be helping to improve their employees’ financial education. […]