stevo68
4th November 2013, 12:56 PM
G’day All,
Hope you had a great weekend. Aside from being able to assist you personally, I am also able to be of service to your business or workplace. With that in mind, who likes a free lunch or a choice of favourite vino/ brew? Yep I am using bribery if I have to. One thing we do here and we do it well, is financial literacy seminars for government (Currently doing a lot with QLD Health), through to professional firms, businesses ( any size), education and so forth.
So this is what I am asking? I am asking for an introduction to your HR person or someone who would be involved with putting on/ organising training/ development days for staff. Could be something for the weekly staff meeting and this could be something that could help. Best thing, it costs the company, uni, businesses nothing at all.
One of the key’s to financial success is financial literacy; and we have developed a unique corporate financial literacy program we term LeadPeer. Those organisations that introduce it to their staff will lead their peers in the provision of 'life changing' financial education proven to significantly increase their employee's knowledge and therefore their lives for the better.
So if you think your organisation should help their staff by implementing this fantastic educational program then please speak to the relevant person and then pass on their details to me so I can introduce mysel Happy for you to pass them on the following information plus send them a PDF. For anyone that helps me in this area, expect to be thanked and looked after with something nice. Also happy to do them within a reasonable driving distance..i.e Gold Coast, Brissy/ Sunshine Coast/Tweed out to Beaudesert way. May travel further if a really big organisation.
So perhaps inspire you to do this and help out others, please read the following:
Offering help with financial literacy improves employee productivity
Although it’s somewhat counter-intuitive, employees’ personal finances can in fact be your business: an alarming statistic paints a dire picture of lost productivity in the face of financial stress, and the experts say it’s up to employers to arrange financial literacy training for staff.
The CIPD/Benefex Reward Management Survey 2012 recently revealed that financially stressed employees spend 20 hours a month of work time trying to solve their financial problems. What’s more, the study also found that more than eight in 10 organisations offer no financial education to help employees.
While more than a third of companies plan to increase their spend on employee benefits this year, just 18% will invest in communicating to employees the full value of their total remuneration package. “If employers apply a duty of care to their entire reward strategy, by improving employee understanding and awareness around the value of the entire breadth of benefits they offer, employers are likely to reap the benefits in terms of recruitment, retention, engagement and productivity,” Charles Cotton, from the UK-based Chartered Institute of Personnel and Development (CIPD) said.
It is therefore beginning to be seen as of paramount importance to regularly communicate the full range of rewards and benefits available over and above basic pay and holiday entitlement, and to provide financial literacy training as a standard benefit.
With the roll-out of increases to employer superannuation contributions (to reach 12% by 2019), superannuation is an integral aspect of financial literacy which many employees are lacking.
The latest Superannuation Sentiment Index (SSI) by consulting firm Mercer revealed that the level of understanding of superannuation is worryingly low. For the first time, the index tested respondents on their understanding of super-related terms and concepts, to gauge levels of financial literacy:
· Less than one in four (22%) correctly answered seven or more of the ten questions
· Only 17% of respondents had heard the term ‘MySuper’
· Only 7% had heard of ‘Stronger Super’.
A concerning 30% of Australians do not believe they will have enough money to last past the age of 70. According to David Anderson from Mercer, Australians are generally confused and uncertain about how to prepare financially for their retirement. They understand adequate super is the key to a comfortable retirement but they don’t know how to make good decisions that will meet their long-term needs.
“Employers need to adopt financial literacy programs offered by super funds and financial planners; and consider phased retirement for their workers,” Anderson said. “Super funds, employers, and the government all have a challenge to improve retirement readiness in this country.”
So if you think this could be of benefit in your workplace, or someone else that you know, pass it on, share it, like it. It will be greatly appreciated it,
Regards
Stevo
Hope you had a great weekend. Aside from being able to assist you personally, I am also able to be of service to your business or workplace. With that in mind, who likes a free lunch or a choice of favourite vino/ brew? Yep I am using bribery if I have to. One thing we do here and we do it well, is financial literacy seminars for government (Currently doing a lot with QLD Health), through to professional firms, businesses ( any size), education and so forth.
So this is what I am asking? I am asking for an introduction to your HR person or someone who would be involved with putting on/ organising training/ development days for staff. Could be something for the weekly staff meeting and this could be something that could help. Best thing, it costs the company, uni, businesses nothing at all.
One of the key’s to financial success is financial literacy; and we have developed a unique corporate financial literacy program we term LeadPeer. Those organisations that introduce it to their staff will lead their peers in the provision of 'life changing' financial education proven to significantly increase their employee's knowledge and therefore their lives for the better.
So if you think your organisation should help their staff by implementing this fantastic educational program then please speak to the relevant person and then pass on their details to me so I can introduce mysel Happy for you to pass them on the following information plus send them a PDF. For anyone that helps me in this area, expect to be thanked and looked after with something nice. Also happy to do them within a reasonable driving distance..i.e Gold Coast, Brissy/ Sunshine Coast/Tweed out to Beaudesert way. May travel further if a really big organisation.
So perhaps inspire you to do this and help out others, please read the following:
Offering help with financial literacy improves employee productivity
Although it’s somewhat counter-intuitive, employees’ personal finances can in fact be your business: an alarming statistic paints a dire picture of lost productivity in the face of financial stress, and the experts say it’s up to employers to arrange financial literacy training for staff.
The CIPD/Benefex Reward Management Survey 2012 recently revealed that financially stressed employees spend 20 hours a month of work time trying to solve their financial problems. What’s more, the study also found that more than eight in 10 organisations offer no financial education to help employees.
While more than a third of companies plan to increase their spend on employee benefits this year, just 18% will invest in communicating to employees the full value of their total remuneration package. “If employers apply a duty of care to their entire reward strategy, by improving employee understanding and awareness around the value of the entire breadth of benefits they offer, employers are likely to reap the benefits in terms of recruitment, retention, engagement and productivity,” Charles Cotton, from the UK-based Chartered Institute of Personnel and Development (CIPD) said.
It is therefore beginning to be seen as of paramount importance to regularly communicate the full range of rewards and benefits available over and above basic pay and holiday entitlement, and to provide financial literacy training as a standard benefit.
With the roll-out of increases to employer superannuation contributions (to reach 12% by 2019), superannuation is an integral aspect of financial literacy which many employees are lacking.
The latest Superannuation Sentiment Index (SSI) by consulting firm Mercer revealed that the level of understanding of superannuation is worryingly low. For the first time, the index tested respondents on their understanding of super-related terms and concepts, to gauge levels of financial literacy:
· Less than one in four (22%) correctly answered seven or more of the ten questions
· Only 17% of respondents had heard the term ‘MySuper’
· Only 7% had heard of ‘Stronger Super’.
A concerning 30% of Australians do not believe they will have enough money to last past the age of 70. According to David Anderson from Mercer, Australians are generally confused and uncertain about how to prepare financially for their retirement. They understand adequate super is the key to a comfortable retirement but they don’t know how to make good decisions that will meet their long-term needs.
“Employers need to adopt financial literacy programs offered by super funds and financial planners; and consider phased retirement for their workers,” Anderson said. “Super funds, employers, and the government all have a challenge to improve retirement readiness in this country.”
So if you think this could be of benefit in your workplace, or someone else that you know, pass it on, share it, like it. It will be greatly appreciated it,
Regards
Stevo