Module 4 SLP



Module 4 SLP

Introduction

Financial literacy is acquaintance in relation to spending plans, credit administration and investments. Lack of monetary literacy actions is the major cause recruits do not put aside sufficient amount when they retire from the service (www.dol.gov). As well, to the growing expense of living wage (e.g., gasoline, foodstuff, advance payments), rationales for individual struggles take account of poor financial arrangement and administration practices by customers. They show the old proverb, 'If you fail to prepare, you prepare to be unsuccessful.” Being the Compensation Manager, here I will introduce new retirement benefit plans that will involve staff ...