How Today's Active Profina DMP Clients Differ From the Non-Active When They All Committed

The purpose of this study was to examine the work life and personal finances of a sample of 3,000+ new debt management clients and track them over a one-year time period. It is anticipated that participation in the debt management program will improve clients’ personal financial wellness and their job performance. Should the expected improvements occur over time, a calculation can be developed to estimate the dollars an employer gains by employee participation in the debt management program.

For example, the results might show that improved job performance for a client is worth $2,000 to his/her employer. The return would come from improvements in absenteeism, presenteeism (the loss of productivity that happens when employees are on the job but are not fully functioning), time dealing with financial concerns at work, job performance, job turnover, presenteeism, stress,and physical health. To obtain data to support this analysis the respondents in this study will need to be surveyed again in May 2001. The direct costs for the follow-up study are estimated at between $2,500 and $4,500.

This interim report, however, examines only the data from the pre-assessment survey conducted in June 2000. This report will describe the sample of the respondents some of whom are active clients today while others are not. These data do not support any cause and effect relationships. Presented herein are descriptions of all the respondents divided into two groups created on an ad hoc basis after all the questionnaires were completed and returned.

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