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Employer Financial Wellness Programs

Money isn't just about the amount you earn or spend each month - it also has mental health consequences that can affect productivity at work and beyond. That’s why employer financial wellness programs are so important. They are designed to empower employees to achieve greater clarity around their finances - and create a sense of balance between work and life outside the office.

So how would you, as an employer, fit this in between the day-to-day requirements of managing a business?

Well, this is where we can help. We offer company financial wellness programs to help set your employees up for success both in and outside of the workplace.

Set your employees up for success

Comprehensive Personal Financial Planning and Investment Advice

A fully comprehensive financial plan helps your employees understand their current financial status and make the right financial decisions for their future. Our employee financial wellness program provides them with a framework for all aspects of their finances, including investments, insurance, retirement planning, and much more.

We are able to do this with:

Industry-Leading Tools

We utilize industry-leading tools to deliver a fully comprehensive personal financial plan for your employees. We understand that not everyone is looking for a complete overhaul of their finances. So, whether it’s the simplest of needs or the most complex, we help them understand their financial situation and make informed decisions.

An Effortless Process

No paperwork, no need to take time off from work, they won’t even have to leave the office. We gather all their information via a phone call or web meeting, and then we provide a custom employee financial plan that fits their individual lifestyle and goals.

Reports That are Simple and Easy to Understand

The reports and plans are summarized on their personal dashboard, where they can see the full details of their financial plan. The results are presented in a format that's easy for anyone to understand: graphs and charts show trends over time so that they can quickly see where things stand at any given moment and how their financial well-being is improving.

Conducting Annual Updates

The truth is that the process of financial planning is never really "over". Financial plans need to be updated regularly, especially in today's climate of changing circumstances, new goals, and priorities.

That said, we will do annual check-ins and reviews with each of their employees and adjust their plan as necessary.

Providing Ongoing Financial Education

The importance of financial education in your company is well-documented, but it's important to remember that this is a continuous process for every company. The more your employees learn about personal finance, the more they'll be able to manage money and their financial stresses better.

The benefits of financial wellness for employers

We know just how a financial wellness solution can benefit the daily lives of your employees, but how exactly does it benefit you as an employer? Here are some of the major benefits that you can expect:

Boosts Company Culture and Reputation Boosts Company Culture and Reputation

In today’s competitive job market, employees are looking for more than just a paycheck—they want to feel supported, valued, and understood. That’s where financial wellness programs come in. When employers invest in their employees’ financial well-being, they’re not just improving individual lives—they’re also strengthening their company culture and brand reputation. When we think about it this way, Financial wellness programs are more than just a perk—they’re a smart investment in people, culture, and reputation. When companies help employees thrive financially, the entire organization benefits.

Greater Employee productivity Greater Employee productivity

People who are financially healthy tend to be more productive and engaged in their work, have better relationships with colleagues and customers, and have higher performance ratings from supervisors and managers.

Improved recruitment Improved recruitment

In addition to improving employee engagement, corporate financial wellness programs can help with recruitment. Job seekers are searching for the best compensation packages and benefits, but they’re also looking for employers committed to helping them achieve their personal goals. Financial wellness benefits demonstrate that an employer cares about its employees as people - not just as workers.

Increased employee retention Increased employee retention

Employee retention is a top priority for any company, as it ensures that your employees are motivated to do their best work and are more likely to stay and not be tempted by an offer from another employer. Financial wellness programs can help foster this stability and security by giving employees an outlet for their concerns.

Decreased absenteeism Decreased absenteeism

Financial stress is not always just a mental burden; it has real physical effects on our bodies too. Excessive worry about money can lead to depression, anxiety, high blood pressure, and other chronic health problems.

When you implement a corporate financial wellness program that helps employees manage stress levels and improve motivation - all while reducing the amount of time they spend away from work - you create an environment where people feel supported by their employer. This makes them more willing to go above and beyond for your company every day.

Increased Savings Increased Savings

Recruitment, absenteeism, and mistakes caused by distractions are a major cost to companies every year. Although not all of it can be attributed only to the financial stress experienced by employees, it is the root cause more often than one might think. By getting to the root of the employee financial stress problem, so many unnecessarily wasted hours and dollars can be saved.

Our Services

Our company financial wellness program is designed to help employees better manage their finances, improve their credit scores, and reduce financial stress. The features of our service include:

Comprehensive Personal Financial Planning

Comprehensive Personal Financial Planning

Our comprehensive personal financial planning services help them set goals for themselves with a focus on retirement savings and overall long-term success. We also help them develop strategies for paying down debt, saving up an emergency fund, and building and diversifying their investment portfolios.

Personal Risk Profile

We provide your employees with a personal risk profile, which is a simple way for employees to identify their risk tolerance, risk capacity, and risk requirements.

The first step in creating a personal risk profile is understanding their current financial situation and what their goals are for the future, because these two factors have a direct impact on how much risk they are willing to take on.

Personal Risk Profile
Investment Risk Analysis

Investment Risk Analysis

An investment risk analysis is a way to evaluate the risk of an investment and determine whether it is appropriate for their portfolio. It can even help them determine whether an investment is appropriate for their risk tolerance level.

Investment Advice

Our financial advisors recommend the right investments for their needs and explain how their investments align with their risk tolerance. We’ll also provide recommendations on how to invest to meet their financial goals.

Investment Advice
Ongoing Financial Education Programs
Ongoing Financial Education Programs

Financial education is key to effective financial wellness, and it’s a cornerstone of our program. Our goal is to offer employees an additional ongoing financial education program so they can make informed decisions about their finances. This is why we provide ongoing resources for financial education, including our live online workshops, blogs, and periodic events where we discuss the latest tips, tricks, and trends in investing and managing money.

Online Dashboard

Employees will be given access to their personalized plan and profile through their own Financial Mosaic online dashboard. This customized dashboard allows them to see key elements of their plan, for example:

  • How much money they are expected to have for retirement
  • How major financial decisions could impact their financial future
  • Whether or not they are on track to meet their saving goals

The dashboard also includes a side-by-side presentation of their personal risk profile compared to their investments’ risk profile. This section provides specific, tailored investment advice and resources for implementing the recommendations.

Online Dashboard
Annual Updates
Annual Updates

We provide employees with annual updates on their financial plans. This helps ensure that they stay on track towards their goals, and it gives them an opportunity to discuss their progress with us if something has changed in the last year.

Questions and Periodic Updates

A financial coach will contact each of your signed-up employees to see how things are going. We'll answer any questions and provide periodic updates on their progress. If there's anything we can do to help, we're only a call or email away!

Questions and Periodic Updates

Give your employees and your business the best shot at a successful financial future with our employer financial wellness program.

Schedule a consultation with our experts