Approved for 1.0 SHRM Professional Development Credit! Philly SHRM is recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP or SHRM-SCP. For more information about certification or recertification, visit www.shrmcertification.org.
Approved for 1.0 HR (General) credit hour toward PHR, SPHR and GPHR recertification through the HR Certification Institute. Please be sure to note the program ID number on your recertification application form. For more information about certification or recertification, visit the HR Certification Institute website at www.hrci.org.
Philly SHRM Webinar
Employee financial stress varies according to age, gender and income level. It might come from paying off high student loans, buying a home, inadequate retirement savings or taking care of an ailing parent. All are major stressors that take time away from your employee being fully present at their job. The segment of the workforce that struggles with financial issues includes your most driven, committed and brightest. Roughly three-quarters of Americans are living paycheck-to-paycheck with little to no savings, and high amounts of debt. Home-ownership, long considered a cornerstone of the American Dream is out of reach for many employees.
In a 2017 study of millennial student loan borrowers conducted by American Student Assistance and the National Association of REALTORS, 83% of non-homeowners cite student loan debt as the factor delaying them from buying a home. This is most frequently the case due to the fact that the borrowers cannot save for a down-payment because of their student debt. Among homeowners, 28% say student debt is impacting the ability to sell their existing home and move to a different home.
Because the costs of education and purchasing a single-family home have risen in relation to incomes, employers are recognizing the need to provide their employees with financial wellness programs.
How do leaders create strategic financial wellness programs to attract and retain the top talent needed to grow and maintain a market leading organization?
In this webinar, Emeka Oguh and Steve Grandizio will provide guidance on:
• Why HR executives must be attuned to the financial stressors facing their organization.
• How $1.4 trillion in student debt is leading to financial stress, reduced home-ownership and lost productivity in the workplace.
• The essential components necessary for the successful design, alignment and integration of a financial wellness program.
• What you can do to strengthen the impact of your financial wellness program on your company’s bottom line.
After completing this webinar, you will have a practical plan of action for implementing a financial wellness program and how to bring a strong ROI for your plan when presenting to your CFO.