A How-to Guide for the HR Professional
Author: Wayne G. Bogosian, AIF & Greg M. Limoges, CCP
Publisher: WorldatWork (2008)
Cover: Softcover
Pages: 60
ISBN: 9781579631956
Every year employers change their compensation and benefits programs, creating a ripple effect on the personal financial lives of their employees. Whether it’s through increased costs, benefits modifications, reductions or new offerings, or perhaps a change to their pay system, most employees are at a loss to understand the full financial impact of these changes.
A fast-paced work environment where every penny is expected to deliver shareholder value creates an atmosphere in which employee-focused activities, such as financial education, are perceived as nonvalue added. Meanwhile, at some point, almost every employee arrives at work with a financial concern that consumes large portions of his/her mental energy. Employers spend billions of dollars every year educating employees to be more productive and focused on adding shareholder value … but if an employee’s personal bottom line is in trouble or disorganized, it’s tough to focus on the company’s bottom line.
This book explores the differences between financial and investment education and advice, helping readers to understand the critical points employees need to know while being conscious of fiduciary liability issues. Along with a discussion of statutory and regulatory considerations, readers will learn that making employees better educated financial consumers is good business.
List $21.95 USD | Member $17.95 USD