Focus Financial is committed to providing objective financial education. Offering this service to employers and their employees continues to be one of the core services our firm was built upon.
Our Financial Education program is a valuable recruitment and retention tool that requires little time or monetary investment, and we offer flexible delivery methods to meet your company's needs.
Benefits to the employer
Educated employees are more likely to contribute to their retirement plan accounts, helping employers meet nondiscrimination testing rules, avoids penalties, and allow highly compensated employees to participate fully in qualified plans.
Providing education can help employee retention and recruitment which can save you valuable time and resources. According to one study it can cost as much as 33% of a workers annual salary to replace them after they leave.
PwC found that financially stressed employees are less productive, spending 3 to 4 hours per week thinking about or dealing with issues related to finances.
Employee appreciation for providing valuable information and education that can have a positive impact on their lives.
Benefits to your employees
Employees who participate in financial wellness programs note1:
Better financial health
Lower debt
Better feelings about work and their employer
More satisfaction with employer benefits
Increased ability to save for retirement
Increased ability to save money (i.e., emergency fund, long-term savings, education, medical)
After using a financial wellness program for one year2:
32% more employees increased their savings for specific goals.
Those with at least 3 months of emergency savings increased by 27%.
Those contributing to the employer sponsored retirement plan increased by 15%.
Maximum contributions increased by 10%.
28% more employees now pay off their credit cards each month.
1 Source: Enrich: Calculating the ROI for Employee Financial Wellness
2 Source: Enrich: Calculating the ROI for Employee Financial Wellness, all Enrich users in 2019
Presentation Topics
All presentations may include a thorough description of your employer provided benefits, at the employer’s discretion. This includes reference to those benefits and how they integrate with the topic and further planning.
Rank and File employees
Financial Planning Basics
College Planning
4 Keys to Cutting College Costs
An Inside Look at Qualifying for Financial Aid (for College)
Roth IRA Basics
Empower, Elevate, Achieve: Financial Guidebook for Women
Employees Nearing Retirement
Seven Things You Need To Do In The Decade Before You Retire
Savvy IRA Planning
Savvy Social Security Planning
Savvy Medicare Planning
Making it Last - Retirement Income Strategies Series
Owners, Management, Key Employees
Savvy Tax Planning
Savvy Generational Planning
Six Steps to Legacy Planning for the Generations
Executive Benefits
Wealth Strategies for Business Owners
Strategies to Safeguard Your Wealth
Focus Financial's Employee Financial Education Seminar Client List
Adams Nut and Bolt ADC Telecommunications Ashland Oil Aspen Research Aveda Corporation Banner Engineering Becker Arena Products Best Buy B.I. Blue Cross Blue Shield Braun Intertec Briggs and Morgan Law Firm Brown Institute CFG Insurance Services, Inc. Cherney Industries Columbia Park Medical Custom Research Dakota County
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Data Card Design Services Group Dunwoody Institute Dyna-Graphics Eaton Corporation ENTEX Information Systems Fairview Health Services Fallon McElligott Farmers Home Group Federal Express Federal Cartridge Fingerhut Companies General Dynamics General Mills Health East Hennepin County IKON Office Solutions ITT Consumer Finance Job Boss
Osmonics Ramsey County Residential Funding Corporation Rollerblade Scherer Brothers Lumber Company Siemens SIMS Deltec Skyline Displays Star Tribune State of Minnesota Sysco Foods Thermo Ramsey Thomson West Toro Turk, Inc. URS, Inc. Viking Electric Vital Signs
Kewill King Technology Kowalski’s Supermarkets Land O’ Lakes Liberty Diversified Industries Lumonics Magenic Technologies Mains’l Services Martin Williams Advertising Media Loft Minnesota Zoo MN Attorney General’s Office MN DOER MN Department of Labor and Industry MSI Institute Nemer Fieger Advertising Network Title Nilfisk Advanced
This is a partial list of FFN clients and it is not known whether these clients approve or dissaprove of FFN’s advisory services. January 28th, 2010
Find out how you can get started with this powerful employee benefit
Use the contact form below to find out more about an Employee Financial Education works and what the specific benefits may be for your employees and organization.
