How financial education can boost employee engagement and employers’return on investment (ROI) will be the focus of a session at Employee Benefits Connect 2015.
In a session titled ‘Boost employee engagement and ROI using financial education’, Darren Laverty (pictured), director at financial education provider Secondsight, will discuss why and how workplace financial education schemes can be successful.
Laverty said: “There are currently so many pressures on personal finance that many employers are wanting to support their staff with financial education.
“Such a programme can really benefit a business through improved staff loyalty and engagement.”
The session will also cover how employers can get the best engagement and ROI from their investment in a financial education programme through face-to-face communication with staff, how to go about getting staff involved with what they want to learn more about, and ways to make employees’ financial education experience meaningful and memorable, so that they are more likely to act on what they learn.
Laverty added: “In an ever more complex world, the need for financial know-how among the working population has never been greater.
“Changes to pensions rules, especially around the pension freedoms, taxation, low savings rates and some of the lowest mortgage rates ever seen, are all fuelling the demand for financial education.
“Equally as important, we’re living a lot longer, so it’s crucial that we make our savings last. Yet easy access to financial advice is increasingly hard to find. Many people simply don’t know where to start looking for the right support.
“Workplace financial education is about empowering employees to make their own financial decisions with their newfound knowledge. It is also an excellent way of engaging with the workforce and providing real benefits.”
Employee Benefits Connect 2015 will take place at the Lancaster London on 4 March.
See the full programme and register to attend Employee Benefits Connect for free.
