F3 @ work
Providing a financial literacy and education program for your employees is a great way to value-add to your business. This course is beneficial to your employees - helping them understand their own finances, and good for your business – helping them gain a broader understanding of how you operate.
Program Benefits for the Employer
- Make the workplace more attractive to employees:
- Recruitment strategies - being seen as employer of choice
- Retention strategies – realising more money will not fix problems
- Financially literate employees are more confident making financial decisions for their employer (about costs, sales, pricing, etc.)
- Reduce absenteeism (personal financial problems are one of the main reasons for stress related sick leave)
- Improve focus, health, energy and productivity of employees by reducing the stress about personal finances
- Reduce the query load on human resources staff, and requests for pay advances, making people better able to manage their own finances
- Improve employee understanding and use of benefits such as salary sacrifice and superannuation
- Support mature age working strategy, helping people change their working commitments (moving to part time, different arrangements or retiring) in ways that suits both parties
- Less likelihood of fraud
- Potentially reduced pressure on salary increases due to employee loyalty, fewer financial concerns, and increased satisfaction with their pay
- Meeting employee expectations that their employer will provide them with information and tools to help them plan for their retirement
Program Benefits for the Employees
- Improved financial wellbeing
- Improved financial knowledge, behaviour and attitude
- Increased savings, both in general and for retirement
- Increased employee and employee spouses’ contributions to retirement plans
- Improved levels of retirement confidence
- Improved management of cash flow and debts
- Increased satisfaction with their employer, their career and their salary
- Transferable skills that are learned ultimately lead to a cash reward
- Less stress = more energy and improved health and wellbeing
If you would like to discuss how a F3 @ Work financial literacy and education programme can benefit your company and your employees please contact us at any time to request a free no-obligation initial meeting.
Our Program
The F3 @ Work programs are aimed at educating and empowering your workforce. The programs are designed in consultation with the employer to ensure they are suitable to the company situation and needs. Each program is customised and tailored to the business in which they are delivered, the demographic of the employees, and the market in which the business operates.The content of our workplace programs may include (but is not limited to) any of the following:
Needs analysis
- Surveys
- Online financial health check
- Management meetings
- Employee feedback
Employee Surveys of financial literacy and confidence
- Before the program commences
- Frequent intervals after the program commences
Seminars
- Face-to-face
- Educational (and enjoyable)
- Choice of topics tailored to employee needs
Information
- Information packs and factsheets
- Newsletter content
- intranet content
- Library of resources
Advice
- General advice – somewhere to ask questions
- Financial planning – for specific and personal advice
- One-on-one coaching, advice and education (which can be offered for key employees, or as a reward or thank-you)
Our programmes can also be white labelled and completely branded under the employer’s banner rather than F3 @ Work.