The Business Case for Financial Education - Personal Financial Wellness and Employee Productivity Testing a Conceptual Model of Financial Well-Being Employee Personal Financial Wellness and Job Productivity The Negative Impact of Employee Poor Personal Financial Behaviors on Employers Personal Financial Wellness May be the Missing Factor in Understanding and Reducing Worker Absenteeism The Employer's Cost for the Personal Financial Management Difficulties of Workers: Evidence from the U.S. Navy Personal Financial Education for Employees: Evidence on the Bottom-line Benefits

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InCharge Education Foundation : Research : Reports & Publications : Value of Improved Personal Financial Well-Being to Employers : The Business Case for Finan...

The Business Case for Financial Education - Personal Financial Wellness and Employee Productivity

This paper argues that the business case for workplace financial education is based upon increasing the financial wellness of workers and their job productivity.

It demonstrates that comprehensive workplace financial education can help all workers, including those with money problems, "find" $1,200 a year to fund their retirement plans.

Research shows that the first-year return on investment for financial education that improves a worker's personal financial behavior and wellness is over $400 (e.g., fewer absences, less time dealing with financial matters, and increases in productivity).

Other analysis shows that employers gain a return on investment of 300 percent or more. Academics need to contribute research to the bottom line arguments.

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