CSi Financial Wellness

What is Financial Wellness?

For employers: financial wellness is defined as a program or set of programs put in place towards improving employees’ financial behavior and outcomes, which in turn affects the wellness of  the business.

For employees: financial wellness is the practice of balancing all aspects of our financial lives (debt, investments, income, etc.) in a way that maximizes our ability to do the things we enjoy by optimizing the resources at our disposal (our income, our savings, etc.). Financial wellness is understanding your financial situation and taking care of it in such a way that you are prepared for financial changes. 

>75%

More than 75% of employees live paycheck to paycheck1 

The Problem

Did you know?

46%

of workers spend 3 hours or more during the workweek dealing with or thinking about financial issues. That equates to $5,000 per year in productivity loss. 

Source: PwC's 2016 Employee Financial Wellness Survey

3.5 days

Financially stressed employees are absent on average for 3.5 days annually.

Source: Willis Towers Watson 2015 Global Benefit Attitudes Survey

20%

of employees have had to resign due to financial stress. 

Source: Mercer LLC, Inside Employees' Minds

The Solution

Financial Wellness Delivered

CSi Advisors + Technology is the Financial Wellness Solution

  • Advisors are trained to develop comprehensive short and long term strategies to pursue financial wellness and well-being.

  • Their actions are amplified by software designed with them in mind.

A comprehensive financial wellness program has the power to give your employees the personalized experience they need plus access to human professionals. 

Decisions We Help Employees Make:

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Cashflow & Budgeting

Debt Management

Rent vs Buy

Asset Allocation

Insurance Needs

Retirement Planning

Savings Strategies 

Situational Planning

User Features:

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Advisor/Coach Chat

Account Aggregation

Financial Consultation

Educational Resources

Online Portal

Email Alerts & Monitoring

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More than half of workers are stressed about their finances2

The Reporting

The Overall Financial Wellness Score of your organization is determined by our proprietary wellness assessment. This survey is answered by your employees during the onboarding process and focuses on behavioral finance methodology, the leading indicator of retirement readiness.

*The Overall Financial Wellness Score of your employees is derived from four categories: spending, saving, protection and debt. The Overall Financial Wellness score falls on a 0 to 100 scale

71

Overall Financial Wellness Score*
This is a hypothetical example and is not representative of nay specific situation. 
1. Source: CareerBuilder 2017 Survey by Harris Poll
2. Source: PwC's 2016 Employee Financial Wellness Survey