Programs
Unbiased financial
education programs
The goal of all our programs is to EDUCATE; we are completely “un-biased” and therefore do NOT sell or advocate any specific products.
- We employ proven approaches that truly solve problems; we do not just provide general financial information or offer a one-size-fits-all approach.
- Interactive, skill-based or experiential education; proven to be the most effective means possible to transfer knowledge and achieve long term results while facilitating real measurable change in a dynamic learning environment.
- Participants learn and accomplish objectives, produce real-time results and habituate new approaches to handling money, achieving financial goals and retirement objectives, to name just a few of the immediate results.
- The average real dollar savings each participant finds during the workshop(s) is between $4,000 – $7,000
How are the workshops presented?
The Vincita Institute provides master copies of all workbooks, handouts, flyers and employee notifications that will be used in the presentation of the workshops. Using PowerPoint slide presentations in conjunction with printed workbooks and hand-out materials, Vincita Institute is able, in a skill-based format, to create immediate and lasting results.
The Vincita Institute conducts On-Site Workplace Financial Literacy and Off Site Personal Financial Literacy Workshops. We offer a range of workshop-styled courses that are tailored to meet the specific needs of organizations and individuals.
Financial literacy
program topics
- Personal Financial Management
- Cash management
- Asset protection
- Basic Investment concepts
- College Funding
- Employee workplace benefits
- Retirement Funding Options
- Estate Conservation
Our programs have proven
to help employers
LEGAL
- Helps to provide ” Safe Harbor ” protection from employee ERISA-related litigation.
- Helps to reduce other liability threats for employers, such as:
BOTTOM-LINE BENEFITS
The Personal Finance Employee Education Foundation (PFEEF) study shows that the average ROI for workplace financial education is 3:1. You can contact PFEEF to have a ROI analysis, as well as a dollar amount of potential savings analysis, completed for your company.
ERISA 404(C)
Any non-governmental employer with more than 100 employees and any form of a retirement plan has the fiduciary obligation to offer all employees equal access to unbiased financial education on the basics of investing.
Litigation aimed at employers failing to provide financial literacy education to their employees has resulted in a dramatic increase in litigation; going from a handful of cases to over 11,000 per year and is expected to increase dramatically.
The Supreme Court ruled unanimously in February 2009 in favor of the employee. The message was clear: “The courts will protect employees’ rights when employers fail to meet their fiduciary obligations under ERISA.”
HUMAN RESOURCES
- Attract, retain, reward and motivate the right employees
- Reduce employee turnover and re-training costs
- Reduce employee lost productivity due to financial worries
- Increase employee morale and loyalty by providing an invaluable benefit
- Saves Human Resource Professionals time by answering many of the questions that would otherwise be asked of them
- Reduce employee garnishments, time lost due to stress related illness and lost productivity
CULTURE
- The education programs can be linked back to the values the company would like to instill in its employees.
- Demonstrates to employees that the company cares about their well-being, thereby improving morale
OUR PROGRAMS HAVE PROVEN TO HELP EMPLOYEES
- Stretch their paychecks
- Reduce their debt
- Ease family conflicts over finances
- Avoid financial traps and pitfalls
- “Find” more money
- Reduce stress
- Learn the basics of investing
- Make better choices about major financial decisions