Dear Mr. Cimino,

FINANCIAL FITNESS PROGRAMMES IN ESKOM

In response to our conversation, I have taken the liberty of putting down on paper, exactly what it is that Financial Fitness has done for our organisation (Eskom).

Since the courses started running at Eskom, approximately 8,000 staff members have completed the course, which is run on a regular basis at the Leadership Development Centre.

The feedback is tremendous. The positive benefits that our organisation has derived from the Financial Fitness program are:

·Information can be applied at home as well as in the job situation, so we are talking about life skills or self-management skills.

·The productivity of the staff is increased because they have less financial stress in the workplace.

·Staff turnover should be reducing, because we believe that financially fit employees will be more productive.

·Employees are also better-qualified career minded individuals.

·This programme forms an important part of personal development, which is important to keep employees employed on a long-term basis.

I therefore truly recommend this program to all companies.

Yours sincerely,

Jan H. Kotzé

Learning Interventions Manager

Eskom Leadership Development Centre

Mr Joe Cimino

Financial Fitness Training

Dear Joe,

In August GlaxoSmithKline announced the closure of their Midrand Factory which resulted in just over 200 manufacturing employees being retrenched with closure being in December. Many of the staff have been with the company for as long as 8 to 25 years.The retrenchment packages offered were very generous with much of the staff not having the correct knowledge around finances. As a result management were nervous about staff not investing/using their packages wisely. The decision was then made to train the staff to equip them in advance for when they received their retrenchment packages.

After receiving a number of other proposals to do the training, Colleen Mclintock recommended we contact Financial Fitness, which we did. We were very impressed with the proposal as the training you offered included one-on-one consultations with the individuals, which was an added bonus compared to what the other Financial companies were offering.

Not only have you given our staff the training and consultation – but offered your extensive notes, videos, and cassette tapes.   

At this time, GlaxoSmithKline would like to thank the Management and Staff of Financial Fitness Johannesburg, for the excellent training they have given to our staff over the last four months.   Not only did the Financial Fitness staff have the ability to individualize the needs of everybody during the training and consultation; they also exceeded our expectations.

To date, just over 195 employees have gone through your training and the feedback has been superb. It has been voted as the “best financial course that GMS have offered to staff.” 

To list a few quotes from staff feedback:

“It’s a well balanced workshop and my wife and I learnt so much about budgeting, saving and where we could have gone wrong in our investments.”   

“I now have a far better understanding how to plan my finances and handle debt” 

“I realize now that I should plan before making purchases and always work to a budget”

“It was the best course that I have everbeen on THANK YOU Glaxo.”

“I have gained so much financial knowledge with thanks to FinancialFitness”

Keep up the great work guys and everything of the best in your new premises.

Kindregards,

COLINGILTROW

SITE DIRECTOR