Going to work to learn about Money- New Program boosts Productivity

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 2, 2010 --
Edmonton, AB- On February 22, Canadian Financial Literacy Task Force chair Donald Stewart said in a press conference that "financial literacy is essential to all Canadians at all income levels and can enhance their quality of life."
“It’s great that the government is recognizing the importance of this.

So many Canadians have money worries…& the solutions are right in front of us! Research is showing that employers who implement some form of financial education in the workplace get a 9:1 return on their investment. They are also benefiting from greater productivity, less absenteeism, more loyalty, and higher job performance. It just makes sense to offer financial education through their benefit plans,” explains Jim Yih, Financial Expert & author of four Canadian bestsellers on personal finance.
According to Yih, adding Financial Education to existing employee benefit programs is not that difficult, and the cost can be paid by the employer and shared like other programs. Aligning the employer, employee, and the benefit plan is essential for the financial and professional success of their organizations.
“Financial Education helps employees understand how their benefit program is a key component in achieving financial success in their workplace and personal financial affairs,” explains Yih.

As consumer debt grows, and savings rates become non-existent, employers who want the most out of their workers should be playing a bigger role in building awareness and educating their employees on fiscal wellness, retirement, and investment planning.
Jim Yih is one of Canada’s leading financial experts on wealth, retirement, and financial education in the workplace. Visit: www.jimyih.com for more information.
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