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Help Your Employees to Help Themselves!
Research indicates that homeowners make better employees, while personal financial problems reduce employee productivity and costs employers $50 billion per year.
Of your company payroll, 30-50 percent of the money your employees take home goes to pay their mortgage payment. Another 14 percent pays for their consumer debt. The savings rate is -1.2 percent, brought about increasing financial pressures and lifestyle demands.
According to a national association of financial planners, fewer than 30 percent of employees have enough money set aside for their retirement. These are some alarming statistics. But, with declining corporate profits and employee benefit programs that already are stretched to the limit, the perception is that there is little that a company can do to help.
Employees may suggest a raise would help ease the pain, but at significant company expense and with little practical results. Give a man a fish and he'll eat for a day; teach a man to fish and he has food for life.
An employer cannot solve the financial concerns of all his employees, but he can show that he cares for their well-being and provide the tools that enable them to significantly increase the value of the money that they earn.
Use HomeWORK At|vantage to help them increase the value of the money they've earned. You will have given them a lifetime benefit.
If you have any Investment-related questions or needs, our Consulting staff will be happy to help you.
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