Now that Kate Middleton is officially the new Dutchess of Cambridge, many of your workers are probably still in the midst of planning their own royal weddings as we enter the most popular months for weddings – May and June.
Americans certainly don’t spend as much as the multi-million pound price tag of the Westminster Abbey royal ceremony, but we do spend an average of $20,000 on our own version of the wedding fairy-tale.
As the magic day approaches, your female workers might spend as much as 25 percent of their workdays planning their weddings, and my guess is the pending grooms spend less than a minute of their days even thinking about the event until the bachelor party begins.
So how can we keep these employees focused on work while still acknowledging their special day?
Well, a wedding is just one day, but the marriage has a lasting impact on many important decisions an employee needs to make about their benefits. Create an information kit about the changes a bride or groom need to pay attention to, other than the style of the dress or the choice of bridesmaids. Here are some items to bring to their attention:
Another great gift to your newly married employees is to offer access to on-site 1 x 1 financial counseling as an employee benefit to help with these major financial decisions. An hour with an unbiased financial planner who won’t just try to sell financial products can go a long way to helping a new couple set their financial goals and maximize their benefits at work.
This was originally published on the Financial Finesse blog for Workplace Financial Planning and Education.
