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SHRM has joined with the
American Institute of CPAs (AICPA) to sponsor the first
annual Workplace Leaders in Financial Education
Awards.
The awards will recognize
employers for efforts they’re making to help employees make
sound financial decisions and improve their personal
financial well-being.
The concept of this award
was initiated by the Workplace Subcommittee of the
President’s Advisory Council on Financial Literacy. I was
privileged to be appointed to the President’s Advisory
Council in 2008 and worked closely with the U.S. Department
of the Treasury.
Teaching financial literacy
is a workplace imperative. Employers have a vested interest
in having financially capable employees. Workers who are
confused or stressed about money often spend a significant
amount of work time on personal financial problems. In
addition, they tend to have more work-related accidents and
health problems. By investing in financial literacy
programs, organizations can reduce turnover, limit
money-related distractions, and increase employee engagement
and loyalty.
This initiative is a natural
extension of the work that is already being done by AICPA
and SHRM. Many of AICPA’s 370,000 members volunteer their
time as part of the
360
Degrees of Financial Literacy initiative
to educate Americans about managing their finances through
every stage of life while many SHRM members have launched
financial education programs in their workplaces.
Information about the awards
program will be distributed to SHRM members in a variety of
ways. In order to better reach all SHRM chapter and state
council members, I hope that you will post information about
the award on your web site and encourage your members to
apply for this national recognition.
The application period ends
July 1, 2011 and winners will be announced in the fall of
2011. Please visit
SHRM’s
Resource Page to find information and
tools including a sample web article, promotional flier,
FAQs and award logo. To see the application and for more
information about the awards program, I invite you to visit
www.wlife.org.
Thank you for your support and
assistance.
Sincerely,
Janet N. Parker, SPHR, GPHR
Chief Global Membership Office |
