Financial stress amongst your employees has a costly impact on workplace productivity, retention, and overall employee well-being.
Employees who say they are stressed about their finances
Lost per week due to financial stress
Annual cost of lost productivity and engagement
More likely to be looking for a new job
There is a driving desire and demand amongst employees for financial wellness to be taken seriously by their employer. When looking at two different studies, 76%-87% of employees feel their employer should play a role in supporting their wellness. What’s more, 96% of employers AGREE with this idea, yet only 2 out of 5 employers offer financial wellness programs.
At Prosperity Connection, we offer a comprehensive Employer-Sponsored Financial Education (ESFE) program designed to boost your employees’ financial well-being and contribute to your company’s overall success. Our non-profit status ensures an unbiased, education-focused approach tailored to your employees’ needs.
Our financial education and coaching services can be offered virtually or on-site, as well as in English and Spanish.
The Results Speak For Themselves
Nearly 8 out of 10 respondents have received bad financial advice.
of all respondents have made financial mistakes due to bad advice
of all respondents report they have made serious financial mistakes
A study by Employee Benefit News reveals the percentage of participants who felt “highly stressed” about personal finances dropped from 52.4% to 19.2% after completing a financial wellness program.
of employees say they would be positively impacted by having access to financial wellness benefits, becoming more committed to their company, likely to stay longer, and more productive
Since 2020, our clients have:
What a Typical Progression Might Look Like
Mission STL
St. Louis based non-profit focused on Education, Workforce Development, Housing, and Crime Reduction
We have partnered with Mission STL to provide our personal finance classes to their workforce development program. Once they are in the workforce, program participants can return to Prosperity Connection for one-on-one financial coaching.
Equifax
National Credit Bureau
We have partnered with Equifax to offer on-site and virtual credit report reviews in St. Louis and around the country.
Brown & CroupPen
St. Louis based Law Firm
Brown & Crouppen have utilized the ESFE program to provide financial classes to their staff both in-person and virtually.
We offer several pricing options and can tailor our services to meet your organization’s specific needs. Please contact Ben for more information!
Statistics from Bank of America’s 2024 “Workplace Benefits Report” and BrightPlan’s 2024 “The State of Financial Well-being” report.
Ben Feimer
Business Development and Partnerships Manager
Elizabeth ‘Liz’ Myers (She/Her)
YaNan Bledsoe (She/Her)
Allison Cook (She/Her)
Joyce Kampwerth (She/Her)
Carrie Driscoll (She/Her)
Anniece Robinson (She/Her)
Andrea Stewart-Douglas (She/Her)
Nikol Theberge (She/Her)
Aaron Tucker Jr. (He/Him)
Regina Fowler (She/Her)
