70% of workers say financial stress is their most common form of stress. The Foundation provides free and low-cost resources to help your employees improve their financial literacy and plan for long-term financial success.
ROCKVILLE, MD, July 31, 2023 /24-7PressRelease/ — 70% of workers say financial stress is their most common form of stress. 60% of Americans don’t have three months of savings. Furthermore, Mercer reveals that financial concerns contribute to approximately 13 hours of lost productivity per employee on a monthly basis. It is crucial for organizations to address these concerns to ensure their workforce remains engaged, motivated, and productive.
This is why PNI•HCM is excited to announce our partnership with the Foundation for Financial Wellness (The Foundation). Through this partnership, our clients will gain the ability to access a suite of best-in-class education content from The Foundation’s Certified Financial Wellness Counselors™, including budgeting and financial planning tools, as well as personalized finance strategies tailored to each individual’s needs. The Foundation’s platform is designed to help employers streamline their program implementation process with secure and reliable data management. The Foundation’s wealth of resources will provide our clients with a more cost-effective solution for implementing financial wellness programs to help reduce stress, improve productivity, and enhance employee engagement.
“It’s no secret PNI•HCM has a long, well-earned reputation of providing the highest level of service to every employee. Here at the Foundation for Financial Wellness, we couldn’t be more thrilled to announce our relationship with PNI•HCM. Caring enough about their clients to make offerings like comprehensive financial wellness programs available to every employee is an example of their actions reflecting their values. We look forward to having the opportunity of serving your people alongside PNI•HCM for many years to come.” – Brent Hines, Co-founder and Executive Director for the Foundation of Financial Wellness
Established in 2011, the Foundation is a financial wellness education and resources leader offering innovative solutions to improve employee financial health. By providing actionable insights, tools, and content, The Foundation helps equip individuals with the knowledge to make smarter financial decisions. Through its partnership with us, The Foundation will bring its comprehensive suite of digital services to a broader audience, allowing more people to access the resources they need for successful financial well-being.
Our partnership with The Foundation allows us to leverage their expertise to help our clients bring meaningful change to their employees’ lives through comprehensive financial education. Through our combined efforts, we will be able to provide access to vital resources and support employees as they make critical financial decisions. Together, we can put an end to the painful and costly cycle of stress caused by a lack of financial literacy.
“I started working with the Foundation for Financial Wellness in 2014 and haven’t looked back. As PNI•HCM began to build our Partner Marketplace, they were my first phone call,” said Mary Grothe, CRO of PNI•HCM. “Our Partner Marketplace is focused on our client’s employees’ well-being, and the number one stressor for an employee is their finances. With that, we knew we had to engage The Foundation immediately. Many workers live paycheck to paycheck, even those who earn six figures or more. To help them, we must reach the core root cause of their financial challenges. Financial wellness and financial education are not the same. Wellness captures the entire self from the inside out, and I have watched The Foundation change hundreds of peoples’ lives in all stages; new workers, those with student, medical, or personal debt, those with families or looking to buy a home, empty-nesters, and those ready to retire. Adding The Foundation’s programs into our marketplace was a no-brainer if we are to be taken seriously in the employee wellness and employee experience industry!”
For more information about PNI•HCM or our Foundation for Financial Wellness partnership, please visit pnihcm.com/partners/the-foundation-for-financial-wellness. To learn more about PNI’s Partner Marketplace focused on improving employee experience, please visit pnihcm.com/partners
PNI•HCM is an award-winning provider of Human Capital Management (HCM) and HR-related software, best-in-industry partnerships, and unmatched customer support that is committed to creating the experience employees deserve. Our solutions are tailored to each client’s unique needs, covering everything from fractional HR support to payroll processing, talent acquisition, benefits administration, timekeeping, and more. With a single login, we’ll help you manage your business people operations from recruitment to retirement.
If you’re looking to simplify your business operations, our experienced team can help. Visit our website to learn more about the exceptional breadth of services we offer.
About Foundation for Foundation Wellness
The Foundation for Financial Wellness is a leading financial wellness organization that is dedicated to empowering individuals and businesses with the knowledge and tools they need to achieve their financial wellness goals. We offer programs that are based on the science of behavior change to deliver accurate, sustainable results. The Foundation provides various resources, including subscription plans and certifications for financial wellness professionals, to help individuals and organizations transform their financial futures. We are committed to positively impacting the economic wellness space and helping people achieve their financial goals.
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