Poor personal financial management can have dramatic effects on an individual’s job performance and in dealing with daily life situations. Conversely, proper training in financial management tactics, coupled with prudent planning and goal setting, can improve an individual’s outlook on many key areas of life, especially work. An enhanced sense of control over finances can improve an individual’s work performance and working relationships, creating a stronger work force of individuals with an attitude of esteem and empowerment.

As a strategic business practice, companies who foster personal financial management training are afforded a distinctive reputation as an organization committed to addressing all aspect of its employees’ professional life. A company can further enhance its standing as an employer of choice by reflecting its commitment to address not only their employees’ professional needs, but those life skills that directly impact their work life.

It’s no secret that happy employees generally translate to higher company profits. Studies have shown that companies listed in Forbes Magazine’s “100 Best Places to Work For” are also some of the most profitable companies in the world. Financial management training can provide employees with the work-life balance that makes them more content and more productive, meaning good news for the company’s bottom line.

In all business, information is power! Organizations gain valuable insight when they are able to ascertain the level of financial understanding of employees. Eric Dickerson Associates provides a written assessment report upon conclusion of the training. The report outlines the general level of knowledge of the participants and provides feedback on how the company can achieve its long-term employee goals. This can be valuable information when seeking to maximize employee performance.