WellSpring ® Financial Wellness Coaching
Employees ruminate about their debts and their financial situation nearly 3.5 hours each day at work, causing distractions, on the job injuries and other profit killers. Ruminating is not a plan. Ruminations are just that, and do not activate a plan to shut down their debt problems. On the job injuries, vandalism, and the stresses alone cause medical issues and absenteeism. All of this is documented in many studies. Other studies show that 40% of “sick time” is time spent looking for another job — chasing a higher wage or salary, which will not change the problem. And think about any firm advantages you may have just...leaving. The Solution: Integrating financial wellness coaching alongside the 401k Coach of one-on-one coaching of each employee.
Scroll Down to Learn More about Our Best Tool for Employee Savings Habits
The Milk Jug Millionaire
Adults need a live coach weekly to kick start something that will help them achieve a savings goal that they never had before. Beginning with just one Dollar into the milk jug the first week, they gradually increase this to mid-year, and save $1000 in one year, reducing 401k loans. They adopt the #1 habit for financial success: Periodic Saving as a Life Habit. Employees love this!
Don't Worry, we will supply the milk jugs!