Benefits for Employees:
Employees have access to a Resource Coordinator (shared by the employer partners) who provides on-site connection to information and resources to help them be successful at work and to secure their economic stability. Examples of issues that arise outside of work that can directly impact productivity and workplace performance include: child care, housing, transportation, financial emergencies, eldercare/caregiver support, and more. Efforts that aim to help employees manage and navigate these challenges offer a valuable opportunity to empower and support employees at work.
Through Employee Resource Network (ERN), employees can also access:
• Onsite financial education workshops (“Earn It, Keep It, Grow It”) to gain greater financial literacy and education
• Employee loan/savings program (a partnership between employers and financial institutions to help employees meet emergency needs, begin savings, and build credit)
• Mobile volunteer tax preparation program (that provides employees with tax assistance at the workplace
Benefits for Employers: In addition to gaining greater productivity, retention, and advancement of their employees:
• Supervisors and human resource managers report that having an ERN resource coordinator on site enables them to spend less of their time supporting employees on “life issues.”
• ERN employer partners stay abreast of ongoing workforce challenges by working together to share information on employee needs – and designing and testing innovative workplace practices to minimize work disruptions and improve financial stability of all employees. (An example of a growing need that impacts low-to-moderate income workers in a rural location like Addison County - that could be addressed by collaborative employer problem solving - is transportation.)
• Employer partners work together to offer Ruby Paine’s Bridges Out of Poverty training to their supervisors and managers, providing a framework for understanding the impact of economic class in the workplace.