Financial Fitness Group (FFG), a company that offers unbiased personal finance education to organizations, notes that studies show financially unfit employees can waste up to 20 hours per month while on the job.
So, for a limited time, it is offering employers the ability to determine their “Financial Fitness Score”—for free. The “Financial Fitness Score” benchmarks the personal financial health of an organization’s employees by measuring their knowledge, attitudes and beliefs about their personal finances.
“Struggling employees are risky employees,” says Joe Saari, founder of FFG. “Productivity, engagement and ultimately turnover are areas where companies feel the impact. Understanding the risk that companies face, we developed the ‘Financial Fitness Score’ to help them make sound decisions to improve the financial wellness of their employees.”
Similar to a health assessment, employees take an assessment using FFG’s “Financial Fitness Checkup,” an online tool that guides staff through a series of questions via a smartphone, tablet or computer in just 10 minutes. Once complete, the employee and organization receive an anonymous view of the data rolled up to an organizational score to learn any risk associated with the worker’s financial illiteracy.
Once areas of weakness have been identified, FFG provides recommended, individualized financial fitness courses for each employee’s specific needs. Following the recommended courses, staff is reassessed, providing both employees and employers with benchmarked reports and key metrics on their progress.To sign up for the “Financial Fitness Score” and to learn more about Financial Fitness Group and its financial fitness program, visit http://financialfitnessgroup.com/financial-fitness-report/.