As economic challenges continue to increase, employers are looking for solutions that will help reduce the high cost of Presenteeism, while minimizing ERISA and other liability concerns. Providing unbiased Money Coaching for their employees has clearly become a positive solution for everyone.

The preferred method for Money Coaching today is via e-mail because it saves time, is easy to use, and provides answers to specific questions at the time employees are making day-to-day financial decisions. It’s also confidential, documented (which reduces liabilities), provides up-to-the-minute information for employees, and it gives them written details to share with a partner or spouse on a wide range of financial issues.

Money Coaching covers more than just investments and retirement planning. It requires a strong financial background, and because employees have questions on more than 200 financial topics, it goes well beyond the scope of many EAP Providers.

To respond to the growing demand for unbiased highly-skilled Money Coaches, the LFE Institute has utilized its 22 years in Workplace Financial Literacy to create the most comprehensive certification process for the specialized field of Workplace Money Coaching: the “CWMC” (Certified Workplace Money Coach) designation. When employers want the best, they’ll look for a CWMC-Certified Money Coach.

To become a CWMC-Certified Money Coach, financial professionals must complete four distinct Levels of competency, 30 modules of study, 34 competency tests, and in-depth training on how to answer employee questions on the broad range of financial topics employees need help with today. Click to view CWMC Syllabus.

CWMC-Certified Money Coaches are also totally unbiased; they sell no products or services to employees. Their only goal is education.

To learn more about the need for Workplace Financial Literacy and the specialized Certification programs available for those looking to enter the field, go to Personal Finance Employee Education Foundation’s (PFEEF)

To identify a CWMC-Certified Money Coach who can help your employees build a stronger financial future, contact the LFE Institute at asklfe@lfeinstitute.com.