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KOFE: Knowledge of Financial Education
KOFE is a financial wellness platform offered by Consolidated Credit. It helps employers help their employees to become financially stable so they can avoid problems with debt at home and be more productive at work. Learn what KOFE is and how it works and how it can help your team achieve financial success together.
KOFE is our financial wellness program – it’s a corporate financial wellness program – and it stands for Knowledge of Financial Education.
Employers are noticing that nowadays employees are not only finding themselves with health issues, but also having a lot of problems with their personal finances. And they’re also finding that personal finances are affecting the bottom line of the company.
So employers are reaching out to Consolidated Credit more and more, looking for that corporate financial wellness program that it can add to that mix of offerings they have in their wellness initiatives. Typically we see change in things like turnover rates, production goes up, time from work to go take care of financial situations. It automatically makes happier, healthier and more productive employees.
KOFE is a financial wellness program that has different features. The online features is a portal we give to the corporation to put on their internet. Employees will have access to a lot of different tools, also a dedicated toll-free line so the employees will have access throughout the year to unlimited and free financial coaching.
Overall we see that companies are a lot more productive and employees are happier and more loyal to the company because they’re offering a lot more wellness initiatives, like our financial wellness program.