New E-Learning Course Helps Employees Get a Leg Up on Personal Finances

July 24, 2012

For Immediate Release
Contact: Stacy Van Alstyne
stacyv@ifebp.org
(262) 373-7746

 

 

Soccer, Golf, Bowling and Financial Literacy?

New E-Learning Course Helps Employees Get a Leg Up on Personal Finances

Brookfield, Wisconsin— What do soccer, golf, bowling and financial literary have in common? Recognizing that financial information can be dry and dull, the International Foundation of Employee Benefit Plans has developed an e-learning course called Money Matters: Your Budget that uses interactive games such as golf, bowling and soccer to reinforce comprehension of the basics of sound money management. The course that is designed for organization seeking to assist their employees in financial literacy was developed as part of the Foundation’s focus on retirement security.

“Our members have been delving into the root of the problems that are eroding workers’ retirement security. It’s a highly complex issue with many contributing factors, but we find that regardless of the type of employer-sponsored retirement plan offered, employee’s financial literacy is a key component for a secure retirement,” said Michael Wilson, CEO of the International Foundation.

The entertaining games are used at the end of each lesson to reinforce comprehension, employing multiple choice questions framed in soccer, golf and bowling environments. In addition, there are tools including an interactive budgeting form, useful organization tips and a goal-setting worksheet.

“Many of our members bring all kinds of retirement resources to their employees, including investment consultants, online calculators and literature. But they were finding that their employees needed more basic information in order to leverage the retirement tools being offered,” explained Wilson. “Our new course will provide them with that knowledge in a more interactive and fun manner than they’ve had in the past.”

The one-hour online course takes a broad view of personal finances and focuses on:

  • Income and expenses
  • Setting goals
  • Getting organized
  • Developing a financial plan
  • Managing a financial plan

The course is $50 ($40 for International Foundation members) and bulk discounts are available for employers wanting to train their teams. The course is designed to be portable in a Learning Management System (LMS) environment. More information is available at www.ifebp.org/elearning.

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The International Foundation of Employee Benefit Plans is a member-driven organization with five decades of experience as a leading objective source of employee benefits, compensation and financial literacy education and information within the Canadian and American workplace. The Foundation’s expertise is industry wide; and it offers resources that include Foundation staff, training, conferences and research on topics critical to assisting its 35,000 multi-employer, corporate and public sector members respond to trends affecting the well-being of more than 25 million lives in North America. For additional information, visit www.ifebp.org