Workplace Financial Literacy Programs

Providing financial literacy education to your employees as part of your commitment to staff training and personnel development is an efficient method of ensuring that your employees optimise their time at work focusing on their job...and not on their personal finances.

According to a recent survey commissioned by Lifestyle Money Coach (of 1,000 Australian Workers) 1 in 4 Australian workers spend an average of 20 hours per month of work time on their personal financial problems.

These figures represent a major opportunity for Australian employers to educate their workforce and reduce the loss of productivity due to presenteeism. With presenteeism estimated to cost Australian businesses over $6billion pa. (source: The Cost of Workplace Stress Survey by Medibank in Australia August 2008) now is the perfect time to be educating your employees.

According to Greg Smith founder of Lifestyle Money Coach and head presenter "The simple act of arranging for someone to provide financial education in the workplace will have a massive impact. With employees being taught how to better manage their day to day basic money affairs - such as paying off bills, paying debts and managing cash flows smarter - they learn the life long skills to gain greater utility from the pay they receive."

      
Benefits to the Employer

A well-executed workplace financial education program is likely to:

• Decrease direct employer costs related to wage garnishments and bankruptcies

• Reduce absenteeism

• Increase employee retention turnover rates

• Increase employee productivity

• Increase contributions to super

• Increase employees’ allegiance to the company

• Reduce the incidence of employee theft

Benefits to the Employee

Employees who participate in Lifestyle Money Coach Workplace Financial Education programs have the opportunity to:

• Improve skills to generate greater utility from wages / salaries

• Increase personal financial wellness

• Improve morale and confidence

• Reduce debt and stress

• Waste less time on money affairs

                                    

Practical hands on workshops that teach your employees how to better manage their pay smarter

Improved knowledge lasts a lifetime

These highly interactive workshops will teach your employees how to better approach and manage their day to day money so that they can achieve a better lifestyle out the same pay.

This effectively gives your employees a long term pay rise without you having to increase your immediate salary budget.

A complement to your employee wellness programs

These workshops are specifically designed for socially responsible employers who have a clear focus on the financial wellness of their employees.

To service the varying degrees of money knowledge across your company, two levels of workshops are available:

Level 1 - Essentials - suited for individuals with a limited knowledge of money.

Level 2 - Intermediate - for individuals with a good level of money knowledge.

Workshop Delivery:

These levels are clearly defined by knowledge level rather than age or income and it is recommended that the majority of your staff attend the Essentials Level to provide a great refresher.

Each level comprises a workshop of 2 hours and is delivered in an interactive practical and easy to understand format. The workshops are conducted at your premises and use the 4MAT training methodology (see below) which is guaranteed to provide greater effectiveness in learning outcomes.

Workshop Topics: 

Level 1 - The Essentials

Level 2 - Intermediate

Workshop Duration: Each workshop is 2 hours

Where: At your offices or a suitable venue organised by you.

When: On Demand

Cost:: $3,950 per workshop plus gst plus travel costs and accommodation expenses. 

FREE Training Workbook: All attendees will receive a comprehensive workbook which features the slide presentation used during the workshops plus a series of interactive exercise material together with "how to articles" and tips for use afterwards.

Minimum number of attendees per workshop: 12

Maximum number of attendees per workshop: 30

Learning Outcomes: Each attendee will obtain a different outcome from each workshop depending on their personal situation. However in general, the following learning outcomes can be expected:

Level 1 - The Essentials

- How to manage money smarter.
- Understand the terms used in the money world.
- Gain a better appreciation of how financial products work.
- How to get more out of every dollar earned.

Level 2 - Intermediate

- A greater understanding of the impacts of the economic environment.
- Gain a clearer understanding of the steps required to invest.
- Know where to go and how to ask for help.

An Interactive Learning Environment - with immediate results

Each workshop is a truly valuable and memorable experience for each attendee as they will be exposed to a teaching methodology called 4MAT. This system recognizes that everyone has a different style of learning and combined with the relevant and practical content material all attendees are guaranteed to walk away with a set of relevant and practical skills that they can put into action immediately.

Please note your presenter, is an accredited 4MAT and Certificate IV Workplace Trainer and holds a Degree in Economics and Diploma in Financial Services.

Now is the Time!

With more and more pressure nowadays being placed on personal budgets, now is a great time for employers like you to enact on your corporate consciousness and provide your employees with appropriate independent training on financial matters.