Thursday, October 2, 2008

News You Can Use: More tips for talking about the financial chaos with workers

Here are some more tips on what to cover when talking about the financial crisis with employees courtesy of Lynn Unsworth and CAI, a Greensboro, N.C.-based employer services group.

1) Don’t give employees financial advice.
2) Educate employees on their options.
3) Bring in investment advisors to meet with employees.
4) Help employees avoid looking at their 401(k) performance every day.
5) Release a benefits statement to all your employees.
6) Reassure employees that their money is safeguarded.

Listen to our conversation with Unsworth to hear her elaborate on each of these suggestions.

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