Place your organization logo here Mid-Cities 
Human Resource Association
 

Workforce ASSET Partnership 2015

Achieving Sustainable Solutions for Employees Together

Research shows that employee health, productivity and personal finances are correlated. A recent SHRM survey on employee financial wellness reported that 70% of HR professionals indicate that personal financial challenges have a significant impact on overall employee performance. A potentially alarming finding was that 62% of HR professionals agreed or strongly agreed that employees were more likely to request a defined contribution plan loan in the past 12 months compared with previous years, and 44% agreed or strongly agreed that employees have been more likely to request a defined contribution savings plan hardship withdrawal.

According to SHRM, "given these findings, it is pertinent that organizations offer some type of financial education/counseling program to their employees." 

The Dallas and Fort Worth area United Way organizations have collaborated with the Federal Reserve Bank, FDIC and other great partners on a community project to deliver important awareness and financial education to families.

As part of a SHRM chapter initiative, Mid-Cities HR Association is partnering with this community effort by leading the initiative in the workplace to provide free financial education for employees that will be credited to the project.

We are recruiting HR professionals to take the pledge to improve employee financial wellness and assist us in scheduling employer hosted site venues during the month of April and continuing through September 2015. Experienced volunteers will conduct typical lunch and learn formatted classes using approved non promotional materials related to various topics such as budgeting, credit reporting as well as college savings. There is no cost or obligation to the employer. Participating employers will receive exposure and recognition for their generous support of this worthwhile project.

Be a part of a great project that will surely benefit your company employees.

Guidelines for Participation and Engagement

Workforce ASSET Partnership / Employer Engagement Options (not limited, choose one or all)

  • Employer pledges to be a 2015 Workforce ASSET Partner or provides evidence of an existing workplace financial wellness program.
  • Employer will post flyers/invitations onsite/web regarding Financial Fitness DFW (FFDFW) family events for employee viewing.
  • Employer host at least one free workplace financial wellness class for employees. Multiple classes and dates are acceptable subject to scheduling.
  • Employer makes minimum $100.00 pledge / tax deductable donation to the United Way of choice designated for FFDFW (any donation is encouraged but not required)

Choose all of the above and be a “Workforce ASSET Partnership Leader.

Participating employers will be publicly acknowledged by MCHRA with company logo and listed with the United Way FFDFW initiative.

For more details on this DFW area wide project, please contact Committee Chair Bill Langley or Kathryn Mitchell SHRM - SCP, SPHR at 817 368-0564.

You can also email at bwlangley.qar@gmail.com or kathrynmitchell@outlook.com. 

Company Sponsorship opportunities for the United Way Financial Fitness Initiative are available at the direct link below.

http://www.mymoneydfw.com/manage-it/financial-fitness-dfw/sponsor-pledge-form/

Did you know?

Developing a financial wellness program within you company could qualify in leadership, employee relationship and navigation competencies within the new SHRM (BoCK).

Below are helpful links regarding recent research on Workplace Financial Wellness. 

http://www.shrm.org/research/surveyfindings/articles/pages/2014-employee-financial-stress.aspx

http://www.shrm.org/Research/SurveyFindings/Articles/Documents/Financial-Wellness-2014-Executive-Summary.pdf

http://www.pwc.com/us/en/private-company-services/publications/financial-well-being-retirement-survey.jhtml

https://www.emergebenefit.com/assets/librarypdfs/Workplace-Financial-Wellness-White-Paper.pdf

We appreciate your support !!!

ftedwaydallas.org

 

Mid-Cities Human Resource Association

 

 


 

 

 


© Copyright 2015 Mid-Cities Human Resource Association
PO Box 1104
Arlington, TX 76004
Powered by Wild Apricot Membership Software