A BALANCED APPROACH TO ASSISTING YOUR EMPLOYEES
Employers cannot afford to ignore the impact financial stress has on their workforce. BALANCE specializes in assisting your employees with their financial life – so they can concentrate on their job, not their financial worries.


Statistics from the Personal Finance Employee Education Best Practices and Collaborations Conference, put on by Virginia Polytechnic Institute and State University in Roanoke, Virginia:

Employees spend 27 hours a month worrying about financial issues.

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Approximately 30 percent of workers report high work stress and, among the five major risk stressors (relationships, work, health, crime/violence, and personal finance), workers rate personal finance the number one source of stress.

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Loss of worker productivity due to financial stress is the most glossed over and ignored worker issue today. Employers have left out of their bottom-line calculations a vital cost component.

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Only half of all workers who retire have any kind of private pension plan. And over half of 401(k) participants age 51-60 have $10,000 or less in their retirement account.

 

  
"Improving employees' financial wellness can result in a 40% boost in your company's financial performance." -The National Report on Work & Family 2001

BALANCE – FOR A HAPPIER, MORE PRODUCTIVE WORKFORCE

As an employer, you know that one of your company’s greatest assets is your staff. Employees who are healthy physically, emotionally, and financially make for a healthy workforce.

By offering the services of BALANCE to your employees, you gain:

  • Increased productivity
  • Reduced absenteeism
  • Fewer wage garnishments
  • Greater participation in company-sponsored retirement plans
  • Improved morale

OUR SUCCESS IS YOUR SUCCESS

BALANCE is one of the few benefits every single one of your employees can use, and the results can last a lifetime.

Our programs and services are cutting edge, and set you apart from most other employers.

It reduces the amount of time employees spend dealing with money issues (worrying, making and receiving calls from creditors, looking for solutions to problems, etc.).

It reduces the amount of time your payroll staff spends processing wage garnishments and encourages participation in company-sponsored savings and retirement plans.




PROACTIVE PROGRAMS FOR YOUR EMPLOYEES

In addition to the main program services, our employer partners also have access to STRATEGIES, our low-cost financial planning service.

STRATEGIES combines low fees with quality financial counseling. Our certified financial planners do not sell any financial products, therefore any suggestions made during the planning session are offered objectively, with only the employee's financial well-being in mind.

After making a Strategies appointment, we will promptly mail the employee a comprehensive financial analysis form which the certified financial planner (CFP) will use to assess their current financial status.

With this information, the planner will discuss financial strategies to meet specific goals. During the 90-minute meeting, the employee and a CFP can expect to cover one of more of the following topics:

CASH MANAGEMENT
Budgeting, cash flow analysis

RISK MANAGEMENT
Review of life, health, and disability insurance

INVESTMENT PLANNING
For home purchase, college, and other important financial goals

RETIREMENT PLANNING
Needs assessment and asset review