Employees are increasingly looking to their employers for financial guidance, most realistically in the form of employer-provided programs that assist them with their financial decision-making skills.
Seventy-two percent of employees polled in a recent MetLife survey said that they are interested in their employers providing programs that help them to correctly facilitate the financial decision-making process.
MetLife offers employers The PlanSmart series (PlanSmart). The free service, launched in 2008, provides financial education to employees that wish to participate. PlanSmart offers workshops on managing credit, college funding, as well as estate and retirement funding. The program also offers decision-support assistance to employees who are facing life-altering changes that impact their finances, giving them education and guidance regarding their group life benefits.