St. Louis, MO (PRWEB) August 25, 2015
Four Seasons Financial Education (FSFE), a corporate financial wellness program vendor, today released three rules for a successful financial wellness program.
1) Only work with independent vendors - As corporate financial wellness programs continue gaining popularity, more and more players are offering financial wellness solutions. Those vendors that are affiliated with insurance companies or other firms that sell products may have agendas that don't fully support your wellness goals. Seek out independent financial wellness vendors that specialize in financial wellness programs. When in doubt, get it in writing.
2) Coordinate all benefits providers - A comprehensive financial wellness program may be the most impactful benefit available to employees. Therefore, bring together your benefits broker, 401(k) advisor, EAP vendor and other resources to ensure benefits are maximized. Good vendors are willing to work as a team to benefit your organization.
3) Think long-term - As with any wellness program, you must have measurements to tell if it's working. This will be a combination of reports provided annually by your financial wellness vendor and done internally by your organization. If the financial wellness vendor is weak on reporting capabilities, consider someone else. Also, give the program at least three years to see meaningful change. Employees adapt to change over time, so patience is a must.
About Four Seasons Financial Education
Four Seasons Financial Education provides workplace financial wellness services to companies throughout the US to help them improve their bottom line. Since 1986, we have helped corporate America increase workplace productivity by focusing on the most important asset of the company - the employees. Services provided through RFG Advisory Group, an SEC Registered Investment Adviser.