News from PFEEF
 
November 12, 2009
 
 
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EAP's Fighting Recession Depression
Laid-off employees, layoff survivors, financially squeezed employees and families flock to Employers Assistance Programs seeking help with stress, depression, employment resources, says Employee Benefit News
"What are Consumers Stressed About?"
 
Callers to a financial help line ask (in descending order) about Debt (39%), Budgeting/Savings (32%), Credit Management (7%), Real Estate (6%), Retirement Planning (5%).
 
USA Today, 09-28-09, p. 1. See original data from Financial Finesse:
BEST QUOTE -  
"The primary goal of Meredith's wellness initiative is to help our employees enjoy a long and healthy life, right now and during retirement," said Meredith President and Chief Executive Officer Steve Lacy. "This year, we expanded our wellness program beyond health-related initiatives to include financial wellness. By providing employees financial information, resources and tools, we hope they are financially fit, in addition to being physically fit, at retirement."

Steve Lacy, Meredith President and Chief Executive Officer
         
                                                    "Featured Partner - Best Provider " 
 
The Financial Wellness Group is committed to helping employees strengthen their financial core. By helping employees apply focus in eliminating debt, creating a spending plan to help them live within their means, build an emergency reserve, and develop priority spending habits to invest, insure and save for their future they gain peace of mind and confidence in the financial area of their lives. By focusing on strengthening their "financial core", employees can more readily see how contributing to their employer sponsored savings and benefit programs like the 401(k) and section 125 plans, is both affordable and financially beneficial. The Financial Wellness Group offerings are delivered in a low cost model, using technology to provide video training, audio downloads, and an implementation system via the web. Work site training, book and DVD packages, and personal coaching are also available options.

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