employees aren't getting the message
St. Louis, MO (PRWEB) July 22, 2014
Financial wellness firm, Four Seasons Financial Eduction (FSFE), recently released their 2014 FSFE Financial Wellness Survey which included information about Employee Assistance Programs (EAPs). According to the survey, 25% of employees are unsure if their employer offers an EAP. Among the 32% of employees that acknowledge having an EAP, 29% are unsure if their EAP offers financial planning guidance.
"EAPs continue to add great services such as financial planning assistance, but employees aren't getting the message," say FSFE President, Travis Freeman. "If employers are paying for a great EAP and wellness program, they need to keep it top of mind with employees."
FSFE has provided financial planning services to EAPs since 1986. Freeman also cited seeing the same results among the EAP-covered employees that are referred to their firm. Many employees contact them for financial guidance and are amazed to learn about the benefit although it has been available to them years. Among those employees surveyed that have an EAP with a financial planning component, 45% have utilized it.
About Four Seasons Financial Education
Four Seasons Financial Education provides workplace financial wellness and education services to companies throughout the US in an effort to improve their bottom line. We take a strictly academic approach to financial education and focus on the core areas of personal finance, thereby seeking to increase employee productivity and organizational performance. Securities and advisory services offered through LPL Financial, a Registered Investment Adviser. Member FINRA/SIPC