Employee Financial Wellness Program

Securing a healthy financial future for your employees — and your company

GREENPATH EMPLOYEE FINANCIAL WELLNESS PROGRAM Have you thought about how employee financial stress is impacting your organization? You can’t ignore the facts: • 80% of people say their personal finances keep them awake at night.1 • 78% of employers say financial concerns can have a negative impact on employee productivity.2 • 71% of employees say their top source of stress is personal finances.3 • 58% of employers say financial “illness” plays a role in employee absenteeism.2

As many as 30 million employees may be physically “at work,” but because of stressors, they can easily be distracted and not performing efficiently or effectively.4

Without resources to address financial emergencies, nearly one in three employees has already used retirement plan funds for expenses other than retirement.5

Employee financial wellness also has a direct impact on your company’s health care costs: • 32% of Americans say finances keep them from living a healthy lifestyle.1

• According to Gallup, employees who are thriving in overall well-being have 41% lower health-related costs than employees who are struggling, and 62% lower costs than employees who are suffering.

Poor money management and insufficient emergency savings are the leading causes of financial stress.

Impact of financial “illness” at work

Employers that say financial “illness” plays a role in employee absenteeism.

Employers that say financial problems can have a negative impact on employee productivity.

58%

78%

WHAT ARE YOU DOING TO ENCOURAGE FINANCIAL WELLNESSYou have an opportunity to impact your company in a meaningful, measurable way. Employee financial wellness programs can help improve your organization’s bottom line by: • Reducing absenteeism and sick-time usage • Reducing financial-related stress • Increasing retention and employee loyalty • Improving productivity • Minimizing 401(k) loan usage

By limiting personal financial distractions in the workplace, employers can potentially save as much as $5,000 per employee, per year.6 Your solution can be low-cost, easy to implement. Relax. Employee financial wellness doesn’t need to be expensive, complicated or time consuming. GreenPath’s turnkey solution is easy to implement and run. You will champion the need for financial wellness within your company. We’ll do the rest! Life happens… We all face financial decisions. Some good, some bad. Some voluntary, some not so much. Whether your employees are expecting a new baby, facing an unexpected medical expense, or preparing to buy their first house, GreenPath is here to guide staff to make informed financial decisions. Ensuring program success... A dedicated GreenPath customer support professional will work closely with your company to help ensure the success of the program through an implementation plan, and tools to promote the program to employees such as referral cards, website banners, and social media. We also provide outcomes reporting so you know how employees are using the program. Your employees deserve the best. GreenPath’s compassionate, caring experts will be there when your employees need us. We’ll work with them to regain control over their finances so they can pay bills on time, build a financial cushion, and enjoy life without financial stress. We’ll empower them to achieve their financial goals, such as rebuilding credit, buying a home, and saving for the future.

How about you? What is your company doing to encourage financial wellness?

According to the Society for Human Resource Management (SHRM) annual survey, 70% of human resource professionals say their company currently offers a general wellness program, and 8% more plan to offer a wellness program within the next year.

1 American Psychological Association - Stress in America Survey, 20152 MetLife - 9th Annual Study of Employee Benefits Trends, 2011

3 SHRM - Financial Wellness in the Workplace, 20144 Garman - Financial Distress Among American Workers, 2005

5 PricewaterhouseCoopers - Employee Financial Wellness Survey, 20146 Kadlec - Proof that workplace financial education works, 2012

“Initial research on financial education in the workplace already suggests that a financially capable workforce is more satisfied, more engaged, and more productive for their employers.” – Richard Cordray, Director, U.S. Consumer Financial Protection Bureau (CFPB)

Guide your employees through important life events.Personalized GuidanceGreenPath offers confidential, one-on-one assistance to develop spending plans, manage credit scores, navigate student loan repayment options, eliminate credit card debt, prepare for homeownership, and resolve housing concerns.

Online Financial Education GreenPath Learning Labs provides education modules on a variety of topics, such as credit, budgeting and buying a car. Employees will also have access to financial calculators, videos, webinars, articles and more.

Micro-WebsiteGreenPath will build your company a custom financial wellness website that you can integrate into your existing website or use on its own. This can be a signature feature of your financial wellness program.

Financial Webinar Workshops GreenPath’s interactive webinars can be co-branded with your company’s logo. Choose from a list of popular topics or request unique events customized for your needs.

On-Site EventsWork with your dedicated Partner Relations Specialist to customize on-site Financial Wellness events for staff.

Put GreenPath Financial Wellness to work for you.

Contact GreenPath today. If your company is interested in the financial well-being of your employees, we’re the solution you’ve been looking for!

Please contact us at EmployeeFinWell@greenpath.com

Greenpath Employee Financial Wellness www.EmployeeFinWell.orgemployeefinwell@greenpath.com