Employee Financial Education

Most likely, your company is doing a great job providing benefits to your employees.Your employees probably have health and medical coverage.They also may have benefits that they’ll rely on when they retire, like a defined contribution plan, such as a 401(k), or a pension. And layered on top of these, your company may even offer voluntary benefits, like life and disability income insurance.

Employee financial well-being

Unfortunately, many of your employees may lack basic financial knowledge, and theskills needed to achieve financial well-being.        

When your employees have trouble meeting monthly expenses, saving enough for an emergency, or have difficulty making

informed financial decisions, it can add up to a lot of stress affecting your team. This can become a problem for the company

as well, through decreased employee productivity, increased absenteeism or even ill-considered use of benefits

(ie: borrowingagainst retirement funds).


Your employees appreciate everything you make available to them. In fact, 71% of employees consider work to be the foundation

of their financial safety net, and 62% of employees look to their employers for more help in achieving financial security.*


What is financial well-being?

According to the Consumer Financial Protection Bureau (CFPB), financial well-being has four central elements:**

  • Having control over day-to-day, month-to-month finances;
  • Having the capacity to absorb a financial shock;
  • Being on track to meet your financial goals; and
  • Having the financial freedom to make the choices that allow you to enjoy life


Providing comprehensive financial education is a great way to help ensure your employees get the knowledge and insight they need to make better financial decisions and ultimately get the most out of the benefits you offer.



  • Setting Financial Goals

Everyone needs financial goals. But identifying goals is often the hardest part.

  • Budget Building

Financial well-being starts with a budget and informed decisions about spending.

  • Taking Control of Debt

Many Americans are in significant debt. A smart plan can help eliminate it.

  • Common Money Mistakes

Everyone makes mistakes. Knowing what they are ahead of time can help you avoid them.

  • Investment Basics

Investing is a long term endeavor. Basic knowledge is vital in determining the right course.

  • Personal Risk Profile

A person’s capacity — and willingness — to take on financial risk can be quantified.

  • Asset Allocation

‘Don’t have all your eggs in one basket’ is sage advice, especially for finances.

  • College Planning

The cost of college keeps rising. Put a plan in place as soon as possible.

  • Understanding Life Insurance

Product options can be confusing. Understand the differences to make an informed choice.

  • Protecting Your Income

An ability to earn an income is often someone’s biggest asset. It should be protected.

  • Health Savings Accounts (HSAs)

An HSA is a flexible financial tool to help save for future medical expenses.

  • Guaranteed Income in Retirement

Having predictable income in retirement is crucial. An annuity may make sense.

  • Understanding Social Security

Social Security isn’t a one-size-fits-all program. It is important to understand the options available.

  • Envision your Successful Retirement

One key to success is to visualize what it’ll look like before-hand. Retirement is no different.

  • Retirement Readiness

Getting ready for retirement requires three perspectives: Financial, Organizational, Emotional.

  • Planning for Retirement

A retirement strategy should be planned with a desired lifestyle in mind.

  • Retirement Income

Income during retirement is critical. Understand the ins-and-outs of the most common sources.

  • Retirement Risks

Some financial risks can have a bigger impact in retirement. It’s important to plan ahead.

We have designed this Employee Financial Education series to help employees make smart decisions about their finances. Our goal is to help you help your employees achieve financial well-being.



* 14th Annual U.S. Employee Benefit Trends Study, MetLife, 2016

** Consumer Financial Protection Bureau, Financial well-being: The goal of financial education., January 2015