Worksite Solutions

  • Worksite Solutions

    Worksite Financial- Ed (WFE) is a guidance-based, employee benefits solution by Ulin & Co. Wealth Management that is customized around your current retirement plan and benefits package options.

    Turn-key financial education programs can help employees to “connect-the-dots” between their financial goals and their employer benefits package with each paycheck, more so than traditional web-based tools, call centers and Robo-advice solutions.

    Over many years, our firm’s worksite solution programs have counseled many current and retired employees and executives at South Florida regional locations of  high-tech Fortune 500 companies, along with services and workshops for many local business, community and municipality events.

    Our firm closely works with your organization and leadership to develop targeted talent education solutions that align with your benefits package along with your companies culture, vision and objectives.

    Group Education:
    Education Solutions provides employees with a unified worksite strategy based on their benefits & 401k plan, saving them time & effort needed to tackle it alone.

    • On site and webinar workshops on retirement planning, 401(K) enrollment, investing concepts, estate planning and more.
    • Tabling events & resources for open-enrollment & wellness days.

    Individual Education
    Advice Solutions can help improve the chances that your employees will take control of their personal finances to reach their financial goals.

    • One-on-one benefits counseling. (45 minute consultation)
    •Financial Planning advice tailored to individual goals and circumstances.
    • Focus on retirement readiness by increasing actual savings in the plan.

    Transition Solutions:
    Departure of employees is difficult for all parties. Transition Solutions makes the process less stressful, giving employees advice they need to move forward.

    • Early separation counseling, when employees leave employment.
    •Retirement counseling, to help employees prepare for their next phase of life.
    • Rollover education and guidance, covering tax considerations, asset allocation and withdrawals.

    Providing customized financial health and wellness programs can improve business agility and performance while producing direct results as a result of less financial stress taking a toll on your employees. Good For Employees. Great For You.

    Employee Considerations:

    • Increase their benefits enrollment, compensation and wellness options.
    • Implement sound financial strategies for their financial future and retirement sucess.
    • Attain higher productivity & less wasted time & stress dealing with money matters at work.

    Employer Considerations:

    • Provide a high-touch, employee education service with no plan-level cost.
    • Elevate employee enrollment and participation.
    • Increase satisfaction on your scorecard’s workplace health index.
    • Reduce the HR time and burden of providing financial guidance.
    • Manage fiduciary 404C plan requirements with DOL & ERISA guidelines.
    • Provide a more competitive benefits package to attract and retain key employees.An effective employee education program is one of the 4 elements of a successful 401K plan


    The Need For Financial Education 

    Stress at work, or “financial unwellness,” costs companies time, money and productivity,  just like it costs employees as individuals. 

    There once was a time when the combination of company pension plans, Social Security and personal savings could carry retirees through their golden years. With many corporate pension plans going by the wayside along with growing concerns over the future of Social Security, there is greater emphasis placed on personal savings for employees to help achieve retirement independence today than for employees of decades past.

    It can be stressful coping with the daily tasks and challenges of maintaining one’s health, household budget, family and investments. Without the right combination of financial education tools and services, employees may be less productive at work stressing over their personal finances , while attempting to solve financial problems on company time.  This can also lead to absenteeism and delayed retirement.

    According to a 2018 Employee Financial Wellness Survey, many workers are concerned about their economic well-being:

    -Over 50% of employees don’t have enough emergency savings.
    -One-third of workers finds it difficult to meet their monthly household expenses.
    -Nearly 50% consistently carry credit card balances.
    -Roughly half of all employees find dealing with their financial situation stressful.
    -Almost 40% estimate they spend three hours or more thinking about or dealing with personal finances issues at work.

Ready to take the next step? Contact us to get started today!