Financial Wellness Programs in Their Infancy
Financial Wellness Programs can contribute to the success of an organization over and above the 401k plan. Financial Wellness Programs help educate employees on wellness that is not focused on sole health-oriented. Companies are now looking at all areas of wellness. After a Plan Sponsor University (TPSU) Fiduciary Education Program held at the University of South Florida, in Tampa, Florida, TPSU Founder and CEO, Fred Barstein spoke with Phil the Executive Vice President of Human Resources at his organization. The firm employs approximately 1,250 employees and they offer a 401k plan to participating employees. Phil recognizes that his firm’s 401k Financial Wellness Program is in its early stage and there are substantial improvements that can be made to improve results for all employees. Watch how Phil’s organization plans to ram-up the results of thee 401kFianacial Wellness Program.