McDonald's Provides Employees With Money Management Training
This is a program that is beneficial for employer and employee, and is something more companies should consider doing! In this case, Mickey D's gets it right!
From a press release :
Restaurant chain McDonald's USA and Visa Inc. launch America's
largest employer-based financial literacy initiative; money management tools
made available to more than half a million McDonald's employees.
In an effort to empower employees with free, comprehensive money management
tools, McDonald's and Visa Inc. have launched the country's largest
employer-based financial literacy program. The "McDonald's Practical Money
Skills" program is being made available to more than 500,000 restaurant-level
employees throughout the majority of McDonald's 14,000 U.S. restaurants.
As part of this program, employees will receive a printed Wealth
Watchers(r) budgeting guide to track expenses and access to an instructional
video and web resource center at www.practicalmoneyskills.com/mcdonalds with additional tools
and information. The materials, which are based on Visa's popular "Practical
Money Skills for Life" financial education program, are being made available in
both English and Spanish.
"Empowering Americans with the knowledge they need to make informed
financial decisions is crucial," said Bill Sheedy, President, North America,
Visa Inc. "A challenge of this size requires an equally large response, which is
why we are proud to be working with McDonald's on this innovative financial
literacy program for their employees."
"The McDonald's Practical Money Skills program is part of our ongoing
commitment to provide a wide-range of benefits to our employees," said Steve
Russell, Chief People Officer, McDonald's USA. "Providing information and
educating our employees about the importance of financial responsibility has
become increasingly important -- now more than ever."