UPCOMING EVENTS
April 2 - Reduce Turnover & Increase Workforce Wellness
Financial stress is the most common and persistent form of stress Americans face, impacting our physical and mental health, the health of our communities, and our satisfaction in our work. Early childhood educators—long under-valued and under-compensated for the critical work they do—know this stress all too well. Understandably, financial stress is also a key driver of staff turnover. In addition to the financial cost, turnover has significant and lasting negative consequences for the quality of children’s achievements.
While we keep working towards systemic change to compensate early educators fairly, there are tools your staff can use to alleviate financial stress, reduce turnover, and increase workforce wellness today.
“We combined (a cash incentive), with education and tools from The Financial Wellness Essentials course to improve staff financial wellness and promote retention. Prior to implementing these strategies our turnover rate was 33.4%. In August, we offered the Financial Wellness Essentials course and aligned it with the distribution of goal-based incentive pay. From September - January our turnover rate has dropped to 6.6% and we have seen 9.5% growth in staffing within the Head Start program.” - Heather Decker, Senior Director of Early Childhood Development, Regional Economic Community Action Program, Inc.
Join us to learn about an innovative and effective way to reduce turnover and increase workforce wellness. Melissa Pancoast, founder of The Beans will share what works and why after partnering to serve and support more than 10,000 Head Start employees nationwide.
