Written By: E. Thomas Garman, Jinhee Kim, Constance Y. Kratzer, Bruce H. Brunson and So-hyun Joo
One of the growing areas in employee benefits is workplace financial education. This study was conducted at one of several plants owned by a Southeastern chemical production company to investigate the effectiveness of workplace financial education. The EDSA Group offered the education. Differences and similarities between participants and nonparticipants in the financial workshops were explored. Most workshop participants took positive actions to improve their financial well being. This study found strong evidence that workplace financial education is effective because it resulted in better financial wellness for workers. Key Words: financial education, retirement, workplace, financial wellness, productivity
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