Next Tuesday afternoon, SJF Advisory Services hosts the latest in a series of webinars designed to help businesses improve financial performance and employee engagement. This new webinar will look at ways employers can help workers better their financial situation.
As the global financial crisis continues, smart businesses will do what they can to help address their employees’ financial stress. Increased costs for basic necessities such as food, fuel, health care and housing are stretching families to the limit. Studies show employee financial problems result in lower job productivity, increased absenteeism, increased substance abuse, and high turnover – all of which impact a company’s profitability.
Webinar presenter Janet Raffel, from JE Raffel & Associates, has compiled some staggering numbers about workers’ financial circumstances:
• $8,400 – the average revolving debt carried by Americans
• 41 percent – the share of Americans that give themselves a C, D or F in personal financial literacy
• Nearly 131,000 – the number of bankruptcies filed in March 2009
• 90 percent – the share of a workplace likely to be under some financial stress during today’s turbulent economy
During next week’s webinar, find out:
• Warning signs of employee financial stress
• Low-cost local and national resources your business can tap
• Strategies used by leading entrepreneurial employer Ryla, like their paper-free payroll system, a “cashless cafe,” and financial education workshops
Other presenters will include Karen Clay from Ryla, Alison Yonas from Latino Community Credit Union, and Larrey Riddle from MACED. Anne Claire Broughton from SJF Advisory Services will moderate the event.
The webinar begins at 2 PM EST. Find out more and register for the event at: http://www.sjfund.com/index.php?id=297
