Why Is Financial Wellness Important?
Financial Wellness Programs
At Mentoro, we understand when running your business, whether as the CEO or Human Resources Manager, that there is an enormous amount of work to track. That’s why we help to make finances one of the easier things to keep up with through our financial wellness program.
Offering financial wellness to your employees is an opportunity to help in correcting a major crisis and by doing so, you’ll see positive impacts to your bottom line, too. The working population is living in a state of financial stress. They’re spending more, saving less and jeopardizing their personal and company financial health in the process. Our turn-key financial wellness solution is designed to educate your team and empower your employees for personal and professional success.
Identifying the Most Effective Financial Wellness Program
To zero in on the most effective financial wellness program for your workplace, you’ll need to consider many factors. Firstly, selecting a solution that offers a host of services to a wide range of employees often yields the best results.
At Mentoro, our workplace financial wellness plans are holistic and collaborative, meaning we educate members at every level of your workforce and reinforce the partnerships you’ve made to support your staff, including:
- Employees: We provide financial coaching to all employees, as well as discussing tips for savings and emergencies, and retirement solutions.
- Employers: In addition to our employee financial wellness education services, we also help educate employers to learn how to track their important financial data, as well as gauge employee satisfaction and change their financial behavior for the better.
- Retirement Advisors: We offer enhanced support to retirement advisors to ensure increased plan participation and the best possible retirement plan design for your staff members.
- Benefit Providers: Mentoro Group can make it easy to integrate your benefits into your workplace.
What is a Financial Wellness Program?
How It Works for Companies
If financial education isn’t taught in schools, then what other setting provides a captive audience to empower individuals with healthy financial habits? The worksite is our last great hope for correcting the retirement crisis.
When companies make positive fiduciary decisions like automatic enrollment, matches, and other benefit offerings, they are taking a parental role.
Our annual program works to address the financial risks of employees and act as a catalyst for behavior change using our Service Model of Behavior Change & Maintenance. (include image)
How It Works for Participant
When was the last time you talked to your employer about your personal finances? Exactly! Money is usually not a comfortable topic to discuss in the workplace, but your employer still cares about your financial well-being!
So, what do we do to close that gap between your concerns and your company’s resources?
Our goal for participants is simple. We seek to improve financial literacy and retirement preparedness through provided education, consultation, and resources.
Contact Us Today to Learn More
It’s our belief that financial mentors are the last great hope for educating the working population on positive financial behavior and literacy. We create custom programs tailored to your company’s specific needs designed to reduce financial stress and equip employees with the tools they need to plan for the future.
To learn more about how we can help you, contact us online today or call 1 (844) 324-2411.