Personal Financial Employee Education Fund (PFEEF) is a U.S. based organization that aims to increase financial literacy among employers and employees through on-site training programs and online modules that provide unbiased instruction in personal finance, investment, and retirement fundamentals.

FAQs | Personal Finance Employee Education Fund, Inc.

Q: What is the PFW Scale?

The Personal Financial Wellness Scale™ (PFW Scale™) is an eight item survey, which is a reliable measurement of perceived financial distress/financial well-being. Upon completion of the entire eight item PFW Scale™ the user is provided with a score, which has been scientifically determined to be a valid and reliable measure of one’s perceived personal financial wellness. Research has shown that employees with high levels of financial stress are significantly less productive than employees with lower financial stress.

Q: Should financial education be an employee benefit?

The employer’s benefit package is at the very core of financial success for an employee.Those who wisely choose among the benefit options save money and increase retirement savings, securing benefits that genuinely fit their needs. Such decisions lead to better personal money management behaviors that maximize the likelihood of financial success throughout their lives. However, the major reasons why employees do not make wise choices among benefit options are lack of basic financial literacy and financial stress. Research shows that one out of four workers report they are seriously distressed and dissatisfied with their financial matters. Financially unwell employees do not make the best decisions for themselves regarding retirement planning, health and dependent care, and other employee benefits.

Q: What communications strategies can be used in financial education?

PFEEF is all about motivating employees to take that first step toward a better financial life. The strategies are based on the successful Stages of Behavior Change Model developed and tested by many professionals and academics for more than 30 years. The model has proven very effective for employees who need financial education and who are ready for change.

What is PFEEF?

Personal Financial Employee Education Fund (PFEEF) is a U.S. based [...]

By managed-wp-migration-71963fe3|2020-06-08T12:22:34-05:00July 28th, 2016|PFEEF Services|Comments Off

What is the PFW Scale?

The Personal Financial Wellness Scale™ (PFW Scale™) is an [...]

By managed-wp-migration-71963fe3|2020-06-08T12:22:34-05:00July 28th, 2016|PFEEF Services|Comments Off

What is the purpose of PFEEF?

PFEEF’s mission is to provide support to organizations and their [...]

By managed-wp-migration-71963fe3|2020-06-08T12:22:34-05:00July 28th, 2016|PFEEF Services|Comments Off

What other services does PFEEF offer employers?

PFEEF uses online modules for employee financial education that provide [...]

By managed-wp-migration-71963fe3|2020-06-08T12:22:34-05:00July 28th, 2016|PFEEF Services|Comments Off

How can employees improve their financial lives?

Good financial behaviors include: Establishing measurable financial goals and realistic [...]

By managed-wp-migration-71963fe3|2020-06-08T12:22:34-05:00July 28th, 2016|Financial Literacy|Comments Off

Should financial education be an employee benefit?

The employer’s benefit package is at the very core of [...]

By managed-wp-migration-71963fe3|2020-06-08T12:22:35-05:00July 28th, 2016|Financial Literacy|Comments Off

Where should an employee financial education program begin?

Financial programs should be based on the level of employee [...]

By managed-wp-migration-71963fe3|2016-09-07T23:18:05-05:00July 20th, 2016|Financial Literacy|Comments Off

Will a quality financial literacy program improve the “bottom line”?

PFEEF has sponsored and conducted research that shows the bottom [...]

By managed-wp-migration-71963fe3|2016-09-07T23:18:05-05:00July 19th, 2016|Financial Literacy|Comments Off

What communications strategies can be used in financial education?

PFEEF is all about motivating employees to take that first [...]

By managed-wp-migration-71963fe3|2016-09-07T23:18:05-05:00July 18th, 2016|Financial Literacy|Comments Off

What will a quality financial literacy program accomplish for employees?

A quality financial literacy program should help your employees learn [...]

By managed-wp-migration-71963fe3|2016-09-07T23:18:05-05:00July 17th, 2016|Financial Literacy|Comments Off